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#1670515 - 02/28/12 03:48 PM Permanent financing take out letter
Mike Baker Offline
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Mike Baker
Joined: Dec 2002
Posts: 192
Asking on behalf of a colleague...does anyone have a good example of a letter [or a link to one] which would be issued by the bank who will be providing the permanent financing for a residence once construction has been completed? In this case, the construction lender is different from the lender who would provide the permanent loan. Thank you!
"When you believe He's all you need,that will be your defining moment." [from "Defining Moment" Newsong, Sheltering Tree CD]

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Lending Compliance
#1670888 - 02/29/12 03:00 AM Re: Permanent financing take out letter Mike Baker
rlcarey Offline
10K Club
Joined: Jul 2001
Posts: 80,325
Galveston, TX
Commitment letter formats should be drafted by your legal counsel based on State law requirements.
The opinions expressed here should not be construed to be those of my employer:

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