Definitions for "CONFORMING MORTGAGE LOAN"
Keywords:  securitize, freddie, fannie, mac, mae
a mortgage loan whose amount allows Freddie Mac and Fannie Mae, two government-sponsored enterprises, to buy the loan, repackage it as a security and sell it to investors
mortgage loan that is approved using guidelines issued by Fannie Mae and Freddie Mac. The maximum conforming loan amount is $227,150.
A loan which meets all requirements to be eligible for purchase or securitization by federal agencies other than FHA and VA.