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How does the Commitment reports differ from one State to ano

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Icon Mini Profile venkatesh1011



Joined: 09 Aug 2007

Posts: 16



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PostPosted: Mon Oct 01, 2007 2:02 am    Post subject: How does the Commitment reports differ from one State to ano

Can you also include some elements which will make lot of difference in commitment report generation state wise?
 
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Icon Mini Profile adonis
adonis


Joined: 22 Oct 2005



Posts: 1482
Location: ALASKA


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PostPosted: Mon Oct 01, 2007 3:00 am    Post subject:

When you are looking for a loan then your lender may provide you a commitment letter stating the loan offered. And issuing the commitment letter will be subject to the Home Mortgage Disclosure Act. And the act is more or less common for all the states. So, I think chances are very rare that its get varies with state to state.
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