A charge by a lender for holding credit available for a borrower.
Related information about commitment fee:
- Commitment Fee Definition | Investopedia
A fee charged by a lender to a borrower for an unused credit line or undisbursed loan. A commitment fee is generally specified as a fixed percentage of the ...
- Commitment Fee - Legal Dictionary - The Free Dictionary
Compensation paid to a lender by a borrower for the lender's promise to give a mortgage at some future time. A commitment fee, frequently employed in real ...
- commitment fee - The Free Dictionary
(Economics, Accounting & Finance / Banking & Finance) a charge made by a bank, in addition to interest, to make a loan available to a potential borrower ...
- What is a Commitment Fee?
Sep 10, 2012 ... A commitment fee is a small fee charged by a lender when a mortgage or loan is extended. A commitment fee is intended to ensure...
- What is commitment fee? definition and meaning
Definition of commitment fee: Lender's fee for giving a written undertaking ( commitment letter) to hold a specified amount of loan amount for a borrower. Charged ...
- Commitment Fee: Definition from Answers.com
Commitment Fee Lender's charge for holding credit available. The fee may be waived for some borrowers, and usually is replaced with interest when funds.
- Commitment Fee | Prospective Students | SUU
Pay the Commitment Fee. Pay Commitment Fee Online - Login to mySUU portal, choose "Pay Commitment Fee" then go to the eDeposit tab; Pay fee by Phone.
- Commitment Fee Law & Legal Definition
A lender extending loan incurs several costs for administrative and clerical tasks associated with the transaction. Costs are coupled with loan from the time of ...