Loan Commitment Letters

Trusted Real Estate Lawyers for Loan Commitment Letters

If you are looking to buy property and are intending to take out a mortgage in order to do so, you’ll need a mortgage or loan commitment letter. This letter, issued by the lender, essentially demonstrates that you are pre-approved for a mortgage up to a certain value. It’s an important piece in the real estate puzzle without which you will have a more difficult time closing. 

In order to  protect against onerous terms andreceive the financing you need, you need an experienced loan commitment lawyer.

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Get the Financing and Favourable Terms You Need With Our Loan Commitment Lawyers 

Unless you plan on making an all-cash offer, you’ll almost certainly need pre-approval from your lender before a property owner will close the sale. That’s what makes a loan commitment letter so invaluable.

Our experienced and knowledgeable real estate lawyers will ensure you:

  • Breeze through the lender’s due diligence process
  • Receive the financing you expect
  • Have a clear understanding of closing fees, rates, scope of guarantees, and penalties
  • Aren’t surprised by onerous commitments or qualifications

Loan commitment letters are sensitive legal documents laying down legally-binding requirements—make sure you make informed decisions with the help of our loan commitment lawyers.

 

Real Estate

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Our lawyers have been called on as experts to offer opinions in matters involving real estate transactions.

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Get in touch with us today.

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