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What is a conditional commitment?

commitment conditional
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What is a conditional commitment?

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A. A conditional commitment means the lender will offer the loan providing specific conditions are met. Problems often arise with conditional commitments if the requirements are not met in a timely fashion. This can prolong escrow or cause a sale transaction to fall through. No associates or newer attorneys will be handling your closing. I personally handle each and every closing. I can guide you through the process of buying a home from our initial meeting to the closing. While my great office staff assists, I handle all problems. If you are interested in buying a home in New Jersey, contact us today.

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