Commercial Loan Pre Approval Letter Sample. [xyz], we are very glad to inform you that in response to your request for a bank loan in order to meet your tight financial problems, we have approved your request. The document achieves several objectives.
It is not a guarantee to lend, but it carries significant weight, especially to other parties in a real estate transaction such as agents and sellers. Informing the applicant about the loan approval falls under the duties of a bank manager. Well, here is a sample to make your job easier.
Additional verifications may be necessary before final loan approval can be made, and this letter is subject to receiving approval for your participation in the program(s) from the program provider(s).
Expect a turn time of 24 hours or less if the requested documentation is. Get a free download loan approval letter template in pdf, word, or copy and paste forms. Adopt a polite and friendly tone: Expect a turn time of 24 hours or less if the requested documentation is.