Loan Pre-Qualification

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January 1, 1 7 min read Definitions
Conditional Commitment
Conditional Commitment Real Estate Finance Loan Approval Mortgage Lender Conditions Loan Pre-Qualification Real Estate Transactions Financing
A conditional commitment is an agreement by a lender to provide a loan to a qualified borrower, subject to specific conditions that must be met. It serves as a binding commitment from the lender, provided that all pre-stipulated criteria and terms are satisfied.
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