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LendingRisk.com Mortage Industry Dictionary

Terminology, definitions, terms, explanations, and documents for business professionals in the mortgage lending and mortgage risk management industries.

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Conditional Commitment

A written agreement provided a lender to a borrower in which the lender agrees to make a loan provided the borrower meets certain conditions prior to the loan's closing.
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Terminology, definitions, terms, explanations, and documents for business professionals in the mortgage lending and mortgage risk management industries.