mortgage commitment
Definition
Written confirmation from a buyer's bank to a seller of a property that the bank will advance the specified sums (usually as a mortgage loan) enabling the buyer to complete the purchase.
mortgage commitment is in the Banking, Commerce & Finance and Real Estate & Buildings subjects.
This content can be found on the following page:
http://www.businessdictionary.com/definition/mortgage-commitment.html
email to a friend
print this definition
cite this definition
link to this page