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You are here: Home / Letter Writing / Business Letter / Mortgage loan Rejection Letter

Mortgage loan Rejection Letter

Posted By Compulsory English Leave a Comment

X Axis Mortgage Services

4043 Austin Secret Lane

Salt Lake City

Hawaii 84104

20th October 2020

Harry Josh

2612 Don Jackson Lane

Honolulu

Hawaii 96822

Subject: Letter to inform about decline of mortgage application

Dear Harry,

We regret to inform you that your application for mortgage loan to our organization has been declined. The reason for this decline is that you do not meet the required criteria.

You had applied for mortgage loan in our organization on 10th October 2020 for an amount of $200000 using your residential property located at the above mentioned address. We have a team of inspectors who inspect and evaluate a property after an individual applies for a mortgage loan.

Our inspectors had also inspected and evaluated your residence and they found the value to be around $50000 which is much lesser to the loan amount that you have applied for. Thus we feel sorry that we will not be able to grant the requested loan amount.

In case if you wish to apply for a lesser loan amount you can please contact us at 782-555-674.

Yours Sincerely,

Brenda W Scott

X Axis Mortgage Services

Signature

Filed Under: Business Letter, Letter Writing

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Categories

  • Narrative
  • Paragraph
  • Application Writing
  • Composition
  • Essay Writing
  • Use of Article
  • Formal Letter
  • Informal Letter
  • E-mail Writing
  • Suffix & Prefix
  • Job Application
  • Right Form of Verb
  • Use of Prepositions
  • Changing Sentences
  • Correction of Sentence
  • Punctuation & Capitalization

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