HTML Preview Pre Approval Mortgage Letter page number 1.


Page 1
NMFL #1020 Rev. 01/2015 - All rights reserved.
Dear
We're happy to let you know you have been preapproved for a mortgage in
the amount shown to the right. This PriorityBuyer preapproval will help
you fine-tune your home search, since you know your price range.
What your preapproval will do for you
Now you're ready to take the next step toward homeownership. Give the
last page of this letter, with the details of your preapproval and price range,
to your real estate professional. It will help as you work together to find a
home, or move ahead with a home you've got your eye on. Please note that
down payment and reserve requirements vary by county, so be sure to ask
for specifics about areas you're considering.
What you need to know
Please understand that this is not a final loan approval. This preapproval is
based on information you provided, and a preliminary review of your credit
report. The interest rate and type of mortgage used to preapprove you for
this loan amount is subject to change, which would also change the terms
of this preapproval. After you have chosen a home and your offer has
been accepted, there are additional steps we'll need to take before we can
provide a final loan approval, and they include:
Phone:
Sincerely,
R
As the process moves forward, there may be additional documents required
from you, so please be sure you respond promptly to all requests. This
preapproval is subject to change, and if updated information is required, the
updates and changes may impact your loan preapproval.
- Verifying all information you provided on your loan application
- Reviewing and approving all documentation and information required,
like credit, income and assets
- Obtaining an acceptable appraisal and title commitment
- Ensuring all approval conditions are satisfied
Congratulations -
You have been preapproved!
Here are the details of your
PriorityBuyer preapproval:
R
Purchase price:
$
Mortgage loan amount:
$
Down payment:
Credit preapproved on:
Credit preapproval expires on:
County:
State:
Loan type:
Loan term:
Renovation loan
Renovation amount:
$
I'm here for you
Once again, congratulations on getting a PriorityBuyer preapproval, and
having peace of mind knowing the loan amount available to you as you
choose your new home. Please feel free to call me with any questions you
may have along the way.
1
2
NMLSR ID:
WELLS FARGO BANK, N.A.
08/07/2015
CLAY CRESSLER
2424 RYONS ST
LINCOLN, NE 68502
CLAY CRESSLER
250,000.00
237,500.00
5.00%
08/06/2015
12/04/2015
LANCASTER
NE
CONV
360 MONTHS
CAMI L MORAN
597433
WELLS FARGO BANK, N.A.
608-781-5720


To succeed… You need to find something to hold on to, something to motivate you, something to inspire you. | Tony Dorsett