A lender's pledge to loan money if the borrower satisfies specific terms.
Related information about conditional commitment:
- Conditional Commitment Direct Endorsement Statement of - HUD
Conditional Commitment. Direct Endor. Direct Endorsement. Statement of Appraised. Statement of Appraised Value. U.S. Department of Housing and Urban ...
- Conditional Commitment: Definition from Answers.com
Conditional Commitment 1. Lender's agreement to provide financing to a qualified borrower, provided the borrower obtains insurance or satisfies other ...
- What is conditional commitment? definition and meaning
Definition of conditional commitment: Assurance of an action, or earmarking of funds, that becomes actual commitment only when one or more specified ...
- Conditional Commitment Law & Legal Definition
In conditional commitment a promise becomes effective on the fulfillment of specified conditions. When a bank makes a conditional commitment for a loan, the ...
- Conditional Commitment - Forms
CONDITIONAL COMMITMENT. From an examination of information supplied by the Lender and other relevant information, it appears that the transaction can ...
- CONDITIONAL COMMITMENT FOR GUARANTEE - Forms
USDA-RD. FORM APPROVED. Form RD 449-14. OMB. NO. 0575-0137. CONDITIONAL COMMITMENT FOR GUARANTEE. (Rev. 8-99). TO: Lender. Case No.
- Conditional Commitment For Single Family Housing Loan ... - Forms
commitment, is $ . Therefore, the United States of America acting through the Rural Housing Service (RHS), or its successor (herein referred to as Agency) ...
- conditional commitment - Financial Dictionary - The Free Dictionary
An agreement by a lender to extend a loan with specified terms, but only if certain conditions are met, such as retention of occupancy rates at a certain level until ...