Rules of Reason: Always Include a Funding Contingency

Rules of Reason: Always Include a Funding Contingency

Truth Be Told

12/02/2016 4:10PM

Episode Synopsis "Rules of Reason: Always Include a Funding Contingency"

Obtaining a loan is not as easy as it used to be. A bank can change its mind about making the loan even after the commitment letter is issued. The "funding contingency" is a useful contract tool to protect the borrower from disaster

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