Buying A Home
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Commitment Letter Mistakes

We got our mortgage commitment letter very quickly, but they put down the wrong purchase price & did not list the seller concession (we need it in the letter to receive it at closing). Our broker keeps telling us "give them X and they will fix it", but I've given all the docs & no change to the letter. My attorney does not want to send the letter to the seller as it is now, but I dunno how to get the underwriter to correct their mistake. The letter was due to the seller on Friday, but we asked for a 1 week extension. I don't even know if we will get it then if we haven't already. Does anyone have any experience with this?
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Re: Commitment Letter Mistakes

  • Maybe it's time to go over your broker's head and speak with his/her supervisor in order to get results. If your sellers are itching to see that letter, it needs to be correct and NOW.
  • imageLoveKiss:
    Maybe it's time to go over your broker's head and speak with his/her supervisor in order to get results. If your sellers are itching to see that letter, it needs to be correct and NOW.

    This is what I would do. Definitely go over their head. You need this now, and that's the way to do it. Good luck! 

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