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LOAN APPROVAL LETTER
T1051-Loan Approval Letter Aug 2013.doc Page 1 of 1 Revised 08/13
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: