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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: 193
Tennessee
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!
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Lending Compliance
#1670888 - 02/29/12 03:00 AM Re: Permanent financing take out letter Mike Baker
rlcarey Offline
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rlcarey
Joined: Jul 2001
Posts: 83,350
Galveston, TX
Commitment letter formats should be drafted by your legal counsel based on State law requirements.
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