Forms of Mortgages: That Will Be Best For Your Needs? Traditional vs. mortgages that are unconventional A traditional loan is a deal between you and a loan provider that fits Fannie MaeвЂ™s underwriting instructions ( more on that later). An unconventional loanвЂ”like a subprime mortgageвЂ”breaks those directions. Unconventional loans likewise incorporate government-insured programs (FHA, VA,
Forms of Mortgages: That Will Be Best For Your Needs?