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A conforming loan: Group of answer choices Meets loan limits of loans that Fannie Mae and Freddie Mac can buy Exceeds the loan limits of

A conforming loan:

Group of answer choices

Meets loan limits of loans that Fannie Mae and Freddie Mac can buy

Exceeds the loan limits of loans that Fannie Mae and Freddie Mac can buy

Is another term for a fixed

-

rate mortgage loan

Cannot be purchased by GSEs such as Fannie Mae and Freddie Mac

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