Commitment Letter

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Within five days of applying, your lender will send you a Commitment Letter, which is a promise from the lender to make you a loan. The Commitment Letter (.pdf) will include:

• all of the specifics of the loan as well as any conditions that must be met prior to or at the closing.
• information on the loan amount, the loan term, conditions that must be met, the loan origination fee and the interest rate.