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Fannie Mae Conforming

The Federal National Mortgage Association (FNMA), and Federal Home Loan Mortgage Corp (FHLMC) are commonly known as Fannie Mae/Freddie Mac. They are government-sponsored enterprise that buys loans from mortgage lenders, packages them together, and sells them as a mortgage-backed security to investors on the open market. If doing a Conventional Mortgage up to the conforming county limit, this would be the box you fall in.