Step 10: LOAN COMMITMENT
The buyer is obligated to work diligently with the lender to provide whatever documentation is necessary to obtain loan commitment by the Loan Commitment Deadline defined in the contract.
Loan Commitment is a written document from the lender committing to funding the loan for the purchase of your house. If the buyer is unable to obtain loan commitment, the contract will terminate.
I will keep in very close contact with the lender to make sure we have loan commitment on time!
Please be sure to contact me if you have any questions at all regarding loan commitment.
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