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 ...

I am a proud graduate of a public school education: Glenwood High School in Canton; Kent State University (bachelor's and master's degrees in education). These institutions encouraged critical ...

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.