A Little Bit About Non-Conforming Loans

If your loan doesn’t meet conforming standards, it’s considered a non-conforming loan. Non-conforming loans have less strict guidelines than conforming loans. These loans can allow you to borrow with a lower credit score, take out a larger loan or get a loan with no money down.

You may even be able to get a non-conforming loan if you have a negative item on your credit report, like a bankruptcy. Most non-conforming loans will be government-backed loans or jumbo mortgages.


  • Higher loan limits
  • More flexible underwriting
  • Competitive rates


  • Higher interest rates
  • Stricter underwriting requirements
  • Limited availability
  • Higher down payment requirements