Search Elements:
- Taxonomy
- us-gaap
- Name
- ConventionalLoanMember
- Label
- Conventional Mortgage Loan [Member]
- Period Type
- duration
- Type
- dtr-types:domainItemType
- Definition
- Mortgage loan issued by a bank, which is typically in an amount between 70 to 80 percent of the purchase price of the property securing the loan, has a repayment period of 15 to 30 years, and requires that certain credit criteria be met.