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a commitment from a lender is a loan approval saying that you get to go build out another piece of your Empire loan approvals usually come in the form of a commitment letter from a lender some lenders will not issue a commitment letter theyll just go to straight to loan documentation theyll do all the loan docs and youll close or you wont close depending on what the situation is but usually lenders will issue some sort of commitment letter committing to you that they are going to fund your loan and that your loan isnt approved so if you get a commitment letter from a lender just know your loan is approved there may be conditions that you have to resolve or satisfy before they close the loan but in general you have a loan and you need to take [Music]
