loan commitment

Englisch - Englisch

Definition von loan commitment im Englisch Englisch wörterbuch: A commitment from a lender to furnish a mortgage or other loan; A formal offer by a lender stating the terms under which it agrees to lend money to a home buyer Also known as a "commitment letter "; A formal agreement by a lender to provide funds to a borrower See commitment letter; agreement to lend money, generally of a specified amount, at specified terms a some time in the future; See Commitment letter; A commitment by a lender to make money available to a borrower on specific terms in return for a commitment fee; A promise by a lender or other financial institution to make or insure a loan for a specified amount and on specific terms; a written notification from a lender to a buyer stating approval of the requested loan for the purchase of property A fee may or may not be associated with the commitment; A written promise to make a loan for a specified amount on specified terms; A bank's commitment (for a specified future period of time) to provide a firm with loans up to a given amount at an interest rate that is tied to some market interest rate 417, 600; A formal agreement to lend up to a specified dollar amount during a specified period; A written promise by a lender to make a loan under certain terms and conditions These include interest rate, length of the loan, lender fees, annual percentage rate, mortgage and hazard insurance and other special requirements; A written promise to make a loan for a specified amount on specified terms Loan-To-Value Ratio: The relationship between the amount of the mortgage and the appraised value of the property, expressed as a percentage of the appraised value Top M; an agreement to lend money, generally of a specified amount, at specified terms at some time in the future; Assurance by a lender to make money available to a borrower on specific terms in return for a fee; A commitment by a lender of the amount he will loan to a qualified borrower on a particular piece of real estate for a specified amount of time under specific terms; A lender's agreement to lend a specified amount of money; must be exercised within a set time limit; A written promise to make a loan for a specified amount on specific terms; A commitment by a lender as to the amount he will loan to a qualified borrower on a particular piece of real estate