Last reviewed 10-31-2026Short-Sale.com Editorialglossary

Firm Commitment

California Association of Realtors

Updated 10-31-2026

Firm Commitment

A promise by Federal Housing Administration to insure a mortgage loan for a specified property and borrower. A promise from a lender to make a mortgage loan.

California Association of Realtors Glossary

California Association of Realtors · p. 6

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