Loan Application Letter Sample

Loan Application Letter Sample. Dear Cora I have sent this letter to you to explain my reasons behind requesting a loan modification on my mortgage. The lender uses the information in the letter to establish the eligibility of the applicant for the loan.

Sample Loan Application Letter. The first paragraph of the letter should state the reason of lending the money. You can reapply the loan after meeting the set conditions.

A loan application letter is written to by an individual who requires finances to cater for a specified need.

The loan manager should be told about the intended use of the money. The lender uses the information in the letter to establish the eligibility of the applicant for the loan. I have many repeat customers and my client base is growing rapidly as word about my business spreads throughout the community. Use the letter to bank for loan date extension to create a customized letter that states you condition to the bank in a professional manner.