Lock commitment letter
Definition
A written statement from a lender verifying that the price and other terms of a loan have been locked. Borrowers who lock through a mortgage broker should always demand to see the lock commitment letter
Related Terms Other terms related to 'Lock commitment letter' starting with the letter 'L' Late payment, Lock, Lender, Late fees, Lock jumper Browse by Letter » 1 4 A B C D E F G H I J L M N O P Q R S T U V W Y | 