Letter of Intent – when a partner lender issues the terms of their first mortgage lien, with the intent of completing the project and issuing a full Commitment Letter at a later date and time.
« Back to Glossary Index
Letter of Intent – when a partner lender issues the terms of their first mortgage lien, with the intent of completing the project and issuing a full Commitment Letter at a later date and time.
« Back to Glossary Index