1.   Conventional mortgages often contain stiff penalties for borrowers who want to redeem all or part of the loan before its end.

2.   Subprime mortgages are granted to individuals who would not qualify for a conventional mortgage.

3.   But he also cited a reluctance on the part of black residents to apply for conventional mortgages, partly because many expect to be rejected.

4.   It is those savings in turn, that enable the e-lenders to undercut the fees charged by conventional mortgage lenders.

5.   Nationally, the increase in lending conventional mortgages to white borrowers was almost five times as large as it was for blacks, ACORN said.

6.   The construction loan automatically converts to a conventional mortgage when the town issues a certificate of occupancy.

7.   The lending industry is turning to interest-only loans with lower monthly payments than conventional mortgages.

8.   The rates on conventional mortgages have risen a full percentage point since the beginning of the year, and analysts said the May resales reflected commitments made earlier.

9.   These loans carry greater risks than conventional mortgages, bank regulators say.

10.   They generally cost a little more than a conventional mortgage but can often be paid off quickly.