Finance
A conventional conforming loan in Arizona must meet the underwriting guidelines of:
AFHA and VA
BFannie Mae and Freddie Mac✓ Correct
CThe Arizona Department of Financial Institutions
DHUD only
Explanation
Conventional conforming loans must meet the underwriting guidelines and loan limits set by Fannie Mae (FNMA) and Freddie Mac (FHLMC) to be eligible for purchase in the secondary mortgage market.
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