Date:   [DATE]

Loan #:  [ LOAN NUMBER]

Dear [        ],

Congratulations!   We are pleased to tell you that the loan application submitted has been conditionally approved for a [NAME OF LOAN PRODUCT] loan in the amount of [$XXXXXXX] for the [purchase/refinance] at [PROPERTY ADDRESS].

Access to the specific details of the conditional approval, including loan structure, terms and outstanding conditions, is provided at [PROVIDE DETAILS FOR ACCESS].

Please note that “conditional approval” is not a "commitment" or "final approval" of the Borrower’s ability to qualify for a mortgage loan, which may be affected by any material change in the Borrower’s financial, credit or employment status from the information provided or by adverse property conditions.

Once all conditions have been cleared, we will conduct a final review of the loan documentation to determine if the loan application and the property meet all requirements.

Thank you for choosing Pylon for your client’s home financing needs.  We appreciate your business and look forward to working with you again soon.

Sincerely,

[Pylon]

Embed Inc., dba Pylon, dba Pylon Lending. NMLS #2324627 NMLS Consumer Access Corporate Office: 317 University Ave, 3rd Floor, Palo Alto, CA 94301