Subject: Loan Pre-approval
Dear [Applicant’s First Name],
Congratulations! Based on the information you provided, we are pleased to inform you that you have been pre-approved for a loan with Lob Financial. This pre-approval reflects an initial assessment of your financial profile and indicates you meet our preliminary criteria for the loan outlined below.
- Loan Type: [e.g., Personal Loan, Mortgage, Auto Loan]
- Preapproved Amount: $[Amount]
- Estimated Interest Rate: [Rate]% APR
- Loan Term: [e.g., 36 months, 30-year fixed]
- Preapproval Valid Through: [Expiration Date]
Please note that this letter is not a final loan commitment. In order for final approval to be issued, the following conditions must be satisfied:
Condition 1
Condition 2
Condition 3
We encourage you to move forward by submitting documentation through our secure portal by scanning the QR code below or by contacting our team directly at [Phone].
Sincerely,
Lob Financial
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