Everything You Need To Know About Loans
|  Loan Dictionary  |    |  

  Commitment Definition
Commitment When you receive a commitment from a lender, it means that they are agreeing to make a loan to you, subject to compliance with certain stated conditions. Usually this commitment will outline a specific timeframe and a specific interest rate. The term commitment is also used to refer to the promise an investor makes when agreeing to purchase a mortgage from a lender.

    Next Steps: Read Money Saving Loan Advice and Find Lenders with the LOWEST Loan Rates.
Mortgage Loans Home Refinancing Home Equity Loans Vehicle Loans Auto Refinancing

Home Loans & Car Loans Search

Home Refinancing | Home Mortgages | Home Equity Loans & Line of Credit | Auto & Motorcycle Loans | Auto Refinance Loans
Home - Loans | About EchoBay Loans | Loan Advice | SitemapCredit Report Help CenterDefinition Dictionary

Copyright© 2008, EchoBay Loans Company
Mortgage Refinancing Home Loans Home Equity Loans Auto & Motorcycle Loans Auto Refinancing Credit Reports