A mortgage commitment letter is a crucial document in the homebuying process, indicating a lender's intent to provide a loan. It reassures sellers of a buyer's financial capability and outlines the ...

A lender might issue a conditional mortgage approval if there are some hurdles you still need to clear before you can get a mortgage. The conditions you need to meet before proceeding to full approval ...

A normal part of the mortgage application process, conditional approval means the lender will give you a home loan, provided you address certain additional criteria. Common conditions to change ...