This letter is an example of a Letter Of Acceptance and includes all of the elements of a perfect Letter Of Acceptance for you to use. This sample Letter Of Acceptance can be used as a template for your needs.
Congratulations! We are pleased to inform you that your mortgage application with Bank of America has been approved. We look forward to serving you in your home purchase as you embark on this bright new opportunity.
Your credit is approved up to $150,000 with a term of fixed 4.95% for 3 years, renewable APR terms thereafter, determined from your payment history, for total loan repayment over 30 years.
If you have any questions, don’t hesitate to call our Loan Dept. at 323.555.5555. Thank you for investing with us in your future and we wish you all the best.
Senior Mortgage Officer
Bank of America Loan Dept.