Pre Approval Letter, Sample & Format
2562 Deer Ridge Drive
Montclair, NJ 07042
June 10, 2010
To: Henry Bones
Borrower: Ms. Sabrina Drew
Escrow #: TBD
Property: 1901 North West Drive, Ontario, CA
Loan Type: Conventional Financing
The above-mentioned buyer has applied for a home loan and has been approved through Morley Real Estate Services. This approval is subject to a completed Uniform Residential Loan Application as well as a confirmed verification of borrower’s income and credit. This loan approval is based on a sales price of $180,000.00.
The Conditions pertaining to this loan include:
1. A satisfactory appraisal report to support the mentioned sales price
2. A fixed interest rate with a confirmed loan amount
3. Specific escrow instructions
4. Expiry date of Loan: December 2011
Funding conditions and credit documentation are required for a smooth approval process.
Please feel free to contact the undersigned for any clarifications on this pre-approved loan letter.
Thank you for using Central Bank for your real estate financing needs.
CA DRE # 012045950