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USA Commercial Loan Commitment Letter
USA lenders, prepare a Commercial Loan Commitment Letter for a commercial business loan with this fully customizable template.
The letter sets out the terms of the loan and how it is to be repaid, including:
- monthly payments to be made into escrow for property taxes and hazard insurance,
- documents and other instruments to be given by the borrower as security,
- form and amounts of title insurance and hazard insurance required by the lender,
- payment of closing costs by the borrower,
- protection, preservation and maintenance of the property used as security,
- other standard provisions.
This USA Commercial Loan Commitment Letter form is provided as a Microsoft Word document template.
Download: USA Commercial Loan Commitment Letter
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