A Take-Out Commitment is verification from a financial institution approving the permanent financing once the construction phase of a project is complete.

This document is required when the loan is:

• For construction phase only
• Permanent financing (monthly repayment) is to be placed with another financial institution. 

The Take-Out Commitment should be uploaded to Abrigo. 

If you need additional assistance with Abrigo, please contact _Abrigo Help.