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Refinance and Mortgage Encyclopedia - conventional loans

Conventional loans

Mortgage loans other than those insuredThe policyholder - the person(s) protected in case of a loss or claim. or guaranteed by a government agencyThe Rural Housing Service or its successor agency within the Rural Development mission area of the U.S. such as the FHASee: Federal Housing Administration. (Federal Housing AdministrationFHA was created by an act of Congress in 1934. Currently operating as a division of the US Department), the VAThe Department of Veterans Affairs. (VA) will insure certain government mortgages that are provided (Veterans AdministrationThe federal agency responsible for the VA loan guaranty program as well as other services for eligible), or the Rural DevelopmentFormerly the Farmers Home Administration, RD is part of the U. S. Department of Agriculture. It administers Services (formerly know as Farmers Home AdministrationAn agency of the Department of Agriculture. Primary responsibility is to provide financial assistance, or FmHA).
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