conventional mortgage loan

noun

A fixed- or adjustable-rate, fully amortized loan secured by a mortgage or deed of trust that is not insured or guaranteed by an agency of the federal government (such as FHA or VA). (Source: Office of Thrift Supervision https://web.archive.org/web/20060618191009/http://www.ots.treas.gov/glossary/gloss-c.html)

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Meanings

nounconventional mortgage loan (plural conventional mortgage loans)

plural conventional mortgage loans

  1. USbusinessA fixed- or adjustable-rate, fully amortized loan secured by a mortgage or deed of trust that is not insured or guaranteed by an agency of the federal government (such as FHA or VA). (Source: Office of Thrift Supervision https://web.archive.org/web/20060618191009/http://www.ots.treas.gov/glossary/gloss-c.html)
Cite this entry
APA

conventional mortgage loan. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/conventional%20mortgage%20loan

MLA

“conventional mortgage loan.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/conventional%20mortgage%20loan. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “conventional mortgage loan,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/conventional%20mortgage%20loan.

Source: conventional mortgage loan on Wiktionary, CC BY-SA 4.0.