Dear Home Bu y e r:
Congratulations! You have been pre -
appr.oved for a new home mortga g e.
Below are the specifications of your approv a l
Lo a n Type: Conventional
Interest Ra t e: 3.5%
Term: 360 months
Sales Price: $250,000 (Maximum)
Down Paym e n t: 10%
Lock-in Period: 45 days
Closing Date: 30 days
Since you are pre-approv e d, your lo a n is
contingent only on obtaining
an appraisal on the home you select for at least the purchase price.
Please follow this
link to confirm your info.
Thank you for your immediate attention.
Very truly yours,
Darrel
PR Bank
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