Mortgage Pre-Approval Letter Sample: What It Looks Like

[Lender Name]

[Address]

[City, State, ZIP]

[Phone] | [Email]

[Website (Optional)]

Date: [Date]

To Whom It May Concern,

1. Pre-Approval Statement

This letter confirms that [Borrower Full Name] has been pre-approved by [Lender Name] for a mortgage loan up to $[Maximum Loan Amount], subject to the conditions listed below.

2. Borrower and Loan Details (Summary)

2.1 Borrower Name(s): [Borrower Name(s)]

2.2 Loan Type: ☐ Conventional ☐ FHA ☐ VA ☐ Other: [Type]

2.3 Maximum Loan Amount: $[Amount]

2.4 Estimated Purchase Price (Optional): $[Amount]

2.5 Estimated Down Payment (Optional): $[Amount] or [__]%

2.6 Estimated Loan Term: ☐ 15-year ☐ 30-year ☐ Other: [Term]

2.7 Interest Rate (Optional). This pre-approval does not lock an interest rate unless stated in writing.

3. Conditions and Verification

This pre-approval is based on a preliminary review and is subject to:

• Verification of income, employment, assets, and credit

• Acceptable property appraisal and title review

• Satisfactory underwriting review and final loan approval

• No material change in financial condition before closing

• Compliance with lender program guidelines

4. Expiration

This pre-approval is valid until [Expiration Date], unless extended in writing by the Lender.

5. Contact Information

If you have questions, please contact:

[Loan Officer Name]

[Title]

[Phone] | [Email]

Sincerely,

[Loan Officer Name]

[Title]

[Lender Name]

Signatures

Lender Representative: [Loan Officer Name]

Date: [Date]

Signature: ___________________________