A mortgage commitment letter is a crucial document in the homebuying process, indicating a lender's intent to provide a loan. It reassures sellers of a buyer's financial capability and outlines the ...

As you progress through the home-buying process, you will receive letters from lenders at significant steps along the way. A pre-qualification letter gives you a general idea of the size of mortgage ...

A mortgage commitment letter is a document that a lender provides to show you're likely to be approved for a mortgage. There are two types of mortgage commitment letters: firm and conditional.