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Product Guidelines CONVENTIONAL CONFORMING FIXED PROGRAM CODES: C30F, C20F, C15F, C10F Version 1.8 09/13/17 ;PURCHASE & RATE/TERM REFINANCE FIXED RATE Occupancy Max Loan AmountMaximum Maximum Claiming
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What is conventional conforming fixed program?
Conventional conforming fixed program is a mortgage program that adheres to the guidelines set by Fannie Mae and Freddie Mac.
Who is required to file conventional conforming fixed program?
Lenders and borrowers are required to participate in the conventional conforming fixed program.
How to fill out conventional conforming fixed program?
To fill out the conventional conforming fixed program, lenders and borrowers must provide detailed information about the loan, income, credit history, and property.
What is the purpose of conventional conforming fixed program?
The purpose of conventional conforming fixed program is to provide a standardized mortgage option for borrowers that meets the criteria set by Fannie Mae and Freddie Mac.
What information must be reported on conventional conforming fixed program?
Information such as loan amount, interest rate, borrower's income, credit score, and property details must be reported on the conventional conforming fixed program.
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