Loan

TO: Applicant_____________________

Address_______________________

City__________________________

Loan No.______________________

Escrow No.____________________

 

Gentlemen:

 

I have applied for a real estate loan to be made by (Name of Company) Savings and Loan Association.

 

I will really appreciate your completing the Employer’s Verification below for their confidential use and forwarding it to:

 

(Name of Company) Savings and Loan Association 2354 St. Avenue Lane, Washington DC.

 

I am thankful for your consideration and prompt reply, as it will avoid many delays.

 

Best Regards,

 

__________________________

Applicant

 

EMPLOYER’S VERIFICATION

 

1. Entered your employ:_________________________________

2. Present Position:____________________________________

3. Present Monthly Salary: Gross Monthly Salary:_____

Overtime:_________________

Bonus or Commission:______

How paid:_________________

4. If Applicant is in Military Service please report

income on a monthly basis as follows:

Base Pay_________ Quarters and Subsistence___

Flight or Hazard Allowance____________

5. Probability of Continued Employment__________________

6. Does Employee have Re-employment rights for:

Sick Leave?______ Maternity Leave?_________

7. Other Remarks:_______________________________________

The above is furnished in strictest confident to your

request.

 

Date________________ Employer_______________

Employers Verification on Loan Applicant

Dear

 

Thank you for the recent opportunity of serving you in our Installment Loan Division. The coupon book enclosed is provided for your convenience in making payments on your note. It will furnish you with a record of payments. We are certain that you will appreciate the convenience afforded by this book.

Please make all payments directly to us. They may be made at any teller’s window, including the drive in, or payments may be made by mail. Checks or money orders should be made payable to (name of the bank)

Please let us know if we can be of assistance to you in any of the other numerous banking services that we offer including checking accounts, savings accounts, trust division and investment counseling.

Please feel free to contact us anytime at your convenience to discuss your further needs with our employees.

Cover Letter For Loan Book

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Dear

 

It was a pleasure having the opportunity to meet with you yesterday to discuss the proposed loan on the ____.

After reviewing the alternatives you suggested, I believe that it would be best to collateralize this loan with (form of collateral)

I am instructing my assistant to prepare a package consisting of all necessary documents and to mail them to your attention today. I would be most appreciative if you would arrange to have the loan documents drawn as soon as possible, so that we can proceed further.  I really wish to thank you for your cooperation in this matter and am looking forward to the continuance of a long and mutually beneficial relationship between us.

 Collateral Decision Request For Preparation of Loan Documents