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Non-Conforming/Conventional Mortgages
Non-Conforming loans have the most flexible underwriting guidelines. Borrowers who do not or chose not to meet conventional or government guidelines may find a non-conforming loan their best option. Borrowers most likely to benefit from a non-conforming loan:
- Have No Down Payment
- Have Bad Credit
- Are self Employed
- Want to Consolidate Debt
- Are Renters
- Want to Buy a Fixer-upper
- Buying a very expensive home