Commitment Letter Drafter
Turn an approved deal into a commitment letter that matches credit, for counsel
Install it in one line — paste a single command into Claude, ChatGPT or Cursor and it writes the skill into your project.
Free, and about thirty seconds: a work email and a six-digit code.
Downloading shares your name, firm, role, and email with The Helvetica Group. That introduction is what keeps every skill here free.
What this skill does
Turns a credit approval into a draft commitment letter the borrower can sign. It never promises more than credit approved, keeps the lender's ways out intact, and ends with the list of points your attorney must confirm. Draft for attorney review, never issued for you.
What it does
- Lines up every term in the draft against the approval and flags anything that drifted
- Writes the loan terms, collateral, guaranties and business-purpose statement in plain language
- Turns every approval condition into a numbered condition the borrower must meet before closing
- States each fee exactly: how much, when it is due, when it is earned, and whether it is ever refunded
- Sets out the acceptance deadline, the closing deadline and the lender's termination rights as three separate dates
- Points out mixed signals about whether the letter is meant to be binding
When to use it
- A loan has been approved and the borrower needs a signed commitment
- A seller or another lender wants proof of financing
- The borrower asks for changes after approval and you need to see what actually moved
- Before sending a commitment to your attorney for review
What to have ready
- The credit approval, approved term sheet or credit memo
- Borrower, guarantor and property details
- The target closing date
- Your standard commitment form, if you have one
How to use it
- Download it with the button above. You'll sign in with a work email — that's how the creator knows who is using their skill.
- Copy the install prompt from the "Run it in Claude" box, and paste it into Claude along with the file. Claude installs the skill, fills in your firm's details where the file has
[BRACKETED]placeholders, and runs a quick test with you. - Then just ask in plain English. Claude picks the skill up on its own when a request matches it. Anything it still needs, it asks you for — it won't invent a number.
"Credit approved the [CITY] bridge loan. Here's the approval memo. Draft the commitment letter for [BORROWER ENTITY], closing by [DATE], with a [AMOUNT] commitment fee."
What you get back
A reconciliation to the approval, a full draft commitment letter, a tracker of conditions to be met before closing, a checklist for counsel, and an internal note on exceptions and items that may expire before closing.
Good to know
- Output quality tracks input quality. A missing figure is flagged as missing — it is never estimated to fill a gap.
- Every draft is a starting point for your own review, not a finished decision.
- Runs anywhere Claude does: the Claude app, Claude Desktop, or Claude Code.
- Anything the approval does not state is left as a bracketed placeholder for you to fill, never a guessed market term, and every page is marked as a draft for attorney review.
Legal disclaimer
This skill drafts; it does not decide. Its output is not legal, tax, accounting, appraisal, or investment advice, and using it creates no attorney-client, fiduciary, or advisory relationship. Nothing it produces is a commitment to lend or an offer to sell a security. Verify every number, date, citation, and conclusion against the source documents, and have a qualified professional licensed in the relevant jurisdiction review the work before you rely on it or send it to a borrower, investor, counterparty, or regulator. Laws, rates, and market data change. The final work product is yours.
Inside this skill
The actual file you get. Members can read it in full before saving it.
Commitment Letter Drafter
The commitment letter is the first document a borrower signs that can make the lender look obligated. A sloppy one either commits the lender to terms credit never approved, or says so little that the borrower's attorney can argue the lender promised to fund on a handshake. This skill drafts a commitment that matches the approval line for line, keeps the lender's exits intact, and tells counsel exactly what to check before it goes out.
It works for bridge, fix-and-flip, DSCR rental, ground-up construction, land and small-balance commercial loans made for business purposes.
Where it fits: the LOI (see loan-loi-generator) is a pre-approval expression of interest; the term sheet (see loan-term-sheet-builder) sets out proposed terms. The commitment letter comes after credit approval and is the document with conditions precedent, a fee, an acceptance deadline and an expiration date. This skill does not re-underwrite the loan; it papers what was approved.
Everything this skill produces is a draft for review by the lender's attorney. Whether a commitment is enforceable, and against whom, depends on state law and the exact wording. Nothing here is a legal conclusion about a specific deal.
Step 1 — Intake
Pull from the conversation and attached files first. Ask only for what is missing.
| Input | Required? | Notes |
|---|---|---|
| Credit approval (memo, approval email, signed term sheet) | ✅ | The source of truth. The commitment may not be more generous than this |
| Borrower legal name and entity type | ✅ | Exactly as it will appear on the note; state of formation |
| Guarantor(s) | ✅ | Names and guaranty type (full, limited, carve-out) — the approval should say |
| Property address and collateral description | ✅ | Include additional collateral, cross-collateral, pledges |
| Loan amount, and how it is built | ✅ | Initial advance, rehab/construction holdback, interest reserve, total commitment |
| Rate, rate type, default rate, interest calculation basis | ✅ | Fixed/floating; 360 or 365-day basis; Dutch vs non-Dutch interest on holdbacks |
| Term, extension options, payment terms | ✅ | Interest-only, amortization, balloon; extension conditions and fees |
| Fees | ✅ | Origination points, commitment/good-faith deposit, processing, legal, draw, exit fees |
Reading the full skill counts as a download. The contributor receives your name, company, and email.
Ratings & reviews
No written reviews yet. If you run this on a live file, say how it went. The next lender reading this page is deciding whether to trust it.
Examination record
Run it in Claude
- Copy the install command above
- Paste it into Claude, ChatGPT or Cursor
- It writes the skill in, fills in your firm’s details, and test-runs it with you
Prefer the file? The prompt above is for a package you already downloaded.
Details
More from The Helvetica Group
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