Sample Loan Approval Letter Template printable pdf download

Sample Loan Approval Letter Template

LOAN APPROVAL LETTER

To:

Sellers, Brokerage Firms, and Real Estate Brokers

RE:

Borrower:

Property:

Spokane, WA

Date:

The undersigned lender has received a complete loan application from the above named

Borrower for a purchase money loan to acquire the above property. The undersigned lender has

received a copy of the fully executed Purchase and Sale Agreement covering the proposed

purchase, has verified that Borrower has sufficient funds to cover required acquisition costs not to

be funded by the proposed loan, has reviewed and approved Borrower's credit, has verified and

approved Borrower's income and employment, and has submitted Borrower's application and

information for underwriting approval.

Based on the above, Borrower has been approved for a loan meeting the terms of Borrower's

application, subject only to results of the appraisal, changes in the financial status of Borrower,

matters affecting title to the property, and final underwriting approval.

Sincerely,

Name:

Company:

T1051-Loan Approval Letter Aug 2013.doc

Page 1 of 1

Revised 08/13

Sample Loan Approval Letter Template