Home Loan Studio
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Home Loan Studio · A Team at Rize Mortgage

Pre-Approval Letter

Issued
Expires

Prepared For
Subject Property

Dear ,

I am pleased to notify you that you have been preliminarily preapproved for a mortgage loan with Home Loan Studio, a team at Rize Mortgage, under the following terms:

Loan Summary
Loan Type
Sales Price
Loan Amount
Loan-to-Value
This preapproval is based upon
  • Your credit report
  • Your financial information
  • Automated Underwriting System Approval from Fannie Mae's Desktop Underwriter® or Freddie Mac's Loan Prospector
Final approval is subject to a review of
  • Verification of all information submitted on the application
  • Satisfactory appraisal, fully executed purchase contract and preliminary title report
  • Confirmation of employment status, income, assets and credit
  • Any/all conditions or terms as required of the final loan approval

This does not constitute an express guarantee that you will be approved for a mortgage loan at Home Loan Studio. A written commitment to make a mortgage loan has not yet been issued. This letter expires 90 days from the date of this letter.

Thank you for placing your trust with Home Loan Studio. We look forward to serving all your home financing needs. Please feel free to contact me if you have any questions.

Sincerely
NMLS# · ·
This pre-approval is contingent upon, and subject to, the availability of this loan product and program in the secondary market from the issuance of this pre-approval through the closing and funding of the loan. Home Loan Studio reserves the right to revoke this pre-approval at any time if there is a change in your financial condition or credit history which would impair your ability to repay this obligation which would make you ineligible for the loan program, and/or if any information contained in your application is untrue, incomplete or incorrect.