Freddie Mac and Fannie Mae loans are referred to as conforming loans.late chargeThe penalty a borrower must pay when a payment is made a stated number of days.

It’s been a great learning experience and we’re looking forward to that first owner draw and refinancing in a few months to a Fany/Fredy conforming loan.

The following should be considered in making this determination:The commercial/agricultural use must be allowed by zoning and the subject must conform to zoning.

Some are more aggressive in pushing to conforming uses and some are more friendly. 

This is technically a 1BR with a den...it's non-conforming so it may work as a rental, but you've got to make it conforming to sell it to an owner-occupant...

. $425k certainly sounds low for a rehabbed 4-plex currently in Tacoma, and so I'd suspect either very bad neighborhood or perhaps some issues with that 4th unit being non-conforming.

A normal broker might be intimidated by an offer which doesn't conform to the traditional process.

Forgot to mention.....usually when zoning changes the “non conforming use” is grandfathered in with some restrictions.....if vacant for a certain amount of time or if destroyed, the exemption for being grandfathered in goes away.

The thing is, any building not financeable with a conforming residential note can be considered commercial.

This is when they applied new blanketed zoning designations to thousands of existing properties, making many of them "non-conforming" to their new zoning designation.