Commitment Letter
Your commitment letter is a legal agreement between you and a lender that confirms that the Lender is prepared to loan you the necessary funds and outlines both the terms of the mortgage and a list of conditions that need to be met by you in order for your mortgage to be funded on a specific date.
About The Author
Don Scott
Don Scott is the founder of a challenger mortgage brokerage that is focused on improving access to mortgages. We can eliminate traditional biases and market restrictions through the use of technology to deliver a mortgage experience focused on the customer. Frankly, getting a mortgage doesn't have to be stressful.
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