Conventional mortgage


 

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Conventional mortgage

A loan based on the credit of the borrower and on the collateral for the mortgage.



Conventional mortgage

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Conventional pass throughs

Conventional pass throughs

Also called private-label pass-throughs, any mortgage pass-through security not guaranteed by government agencies. Compare agency pass-throughs.


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Conventional option

An option contract arranged off the trading floor and not traded regularly.


Conventional project

Conventional project

A project with a negative initial cash flow (cash outflow), which is expected to be followed by one or more future positive cash flows (cash inflows).


Conventional loan

Conventional loan

A long-term loan a lender makes for the purchase of a home.




 
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