Loan Commitment « Back to Glossary IndexLoan Commitment is an agreement by a lender to lend a to an individual a specified sum of money. Shop lenders, save on mortgage: GET A QUOTE Synonyms: CommitmentRelated Articles: Which mortgage is better?Mortgage for multi family propertiesShould I add a co-borrower to my mortgage application?How to prequalify for mortgage?Top 10 things home buyers should know« Back to Glossary IndexRelated Terms:Term: Lender