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Loan commitment
A promise by a lender or other financial institution to make or insure a loan for a specified amount and on specific terms.
Related Terms
Commitment fee
Commitment
Conditional commitment
Credit
Firm commitment
Loan origination fee
Conventional loan
Interest
Bridge loan
Loan -to-value ratio
Loan processing fee
Maximum financing
End loan
Loan application
No-documentation loan
Origination fee
Junior mortgage
Cash-out refinance
Balloon loan
Discount points
Secured loan
Unsecured loan
Interest-only loan
Point
Low-down-payment loan
No cash-out refinance
Two-step mortgage
Annual Percentage Rate (APR)
Step-rate mortgage
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