• FreeAdvice has a new Terms of Service and Privacy Policy, effective May 25, 2018.
    By continuing to use this site, you are consenting to our Terms of Service and use of cookies.

Commitment letter

Accident - Bankruptcy - Criminal Law / DUI - Business - Consumer - Employment - Family - Immigration - Real Estate - Tax - Traffic - Wills   Please click a topic or scroll down for more.

cstuart1

Junior Member
What is the name of your state (only U.S. law)? Wisconsin

We are buying a house and had to provide a commitment letter to the sellers. We felt the information in the letter provided more info than they needed to know (gift amount, interest rate, mortgage payment etc...). Our buyer's agent informed us this was all public information. Is this true?
 


HUD-1

Member
After closing, the lender will record a Note and mortgage on the land records. This will show the amount financed, interest rate and monthly payment. The gift info will not be available to the public.
 

Find the Right Lawyer for Your Legal Issue!

Fast, Free, and Confidential
data-ad-format="auto">
Top