Is a mortgage commitment final approval?
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Studied at the University of Sydney, Lives in Sydney, Australia.
Commitment letters are a pledge that a lender will loan money to a borrower assuming all final conditions are met. A final approval, clear to close, means everything is complete; there are no loose ends.Aug 5, 2017
2023-06-09 18:20:34
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Commitment letters are a pledge that a lender will loan money to a borrower assuming all final conditions are met. A final approval, clear to close, means everything is complete; there are no loose ends.Aug 5, 2017