Loan Commitment. “Loan Commitment” means a statement by the lender setting forth the terms and conditions upon which the lender is willing to make a particular mortgage loan to a particular borrower. Neither a pre-approval letter nor a prequalification letter shall be deemed a Loan Commitment for purposes of this Contract.
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Samples: Residential Contract for Sale and Purchase, Residential Contract for Sale and Purchase, Residential Contract for Sale and Purchase
Loan Commitment. “Loan Commitment” " means a statement by the lender setting forth the terms and conditions upon which the lender is willing to make a particular mortgage loan to a particular borrower. Neither a pre-approval letter nor a prequalification letter shall be deemed a Loan Commitment for purposes of this Contract.
Appears in 2 contracts
Samples: Residential Contract for Sale and Purchase (Social Investment Holdings, Inc.), Residential Contract for Sale and Purchase (Social Investment Holdings, Inc.)
Loan Commitment. “Loan Commitment” means a statement by the lender setting forth the terms and conditions 571 upon which the lender is willing to make a particular mortgage loan to a particular borrower. Neither a pre-approval 572 letter nor a prequalification letter shall be deemed a Loan Commitment for purposes of this Contract.
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Loan Commitment. “Loan Commitment” means a statement by the lender setting forth the terms and conditions 574 upon which the lender is willing to make a particular mortgage loan to a particular borrower. Neither a pre-approval 575 letter nor a prequalification letter shall be deemed a Loan Commitment for purposes of this Contract.
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Loan Commitment. “Loan Commitment” means a statement by the lender setting forth the terms and 605 conditions upon which the lender is willing to make a particular mortgage loan to a particular borrower. Neither a 606 pre-approval letter nor a prequalification letter shall be deemed a Loan Commitment for purposes of this Contract.. 607 U.
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