I would like to take this time to congratulate you on being pre-approved for your mortgage loan. Our goal is to make the process quick and easy–and deliver good news.

This letter can be used as a LOANFIRST pre-approval loan commitment when submitting a contract on the property of your choice. The details of this approval is as follows:

Because the property is not identified, your approval will be subject to a ratified sales contract, an acceptable appraisal of the property and choice of a mortgage program and rate that will conform to the above parameters. Once your contract is ratified we can discuss selecting an appropriate mortgage alternative.

Once again, congratulations on your pre-approval commitment. This written commitment will be considered valid without updating for _____ days from the date of this communication. If your financial conditions change during this time, please contact us so we can revise the approval. By copy of this email, I am letting your Realtor know that approval has been issued.

Thanks again allowing us to serve you. If you have any additional questions or concerns, please do not hesitate to contact me.