What is a Loan Commitment Letter?

What is a Loan Commitment Letter?

A Loan Commitment Letter, also known as a Mortgage Commitment Letter or Mortgage Loan Commitment Letter is a written and signed document from the lender or mortgage company that states the listed borrowers have been approved for the loan by an underwriter. That’s the...
Buy a Bigger House or Build an Addition?

Buy a Bigger House or Build an Addition?

Have you been looking around your house and wishing for more space? For many homeowners, there comes a time when more space is a must. The reasons include a broad array of life events such as separate rooms for older kids, baby on the way, a home office, a hobby room,...