Letter of Acceptance
Letters of acceptance, or acceptance letters, are used for both personal and business situations. The most well known of these is the personal job acceptance letter. However, on the business side, there are a number of situations in which formal letters of acceptance are also appropriate. These are almost always written in response to some sort of formal application receoved from an applicant. The sample below is typical; it is a mortgage approval letter of acceptance advising an applicant that his home mortgage application has been accepted.
(print business Letter of Acceptance on business letterhead paper)
December 15, 20xx
Mr. Roger Treadway
350 Drummond Street W.
Dear Mr. Treadway:Re: Mortgage Application - 457 Cornelia Lane, Perth, Ontario
This is to advise you that we have completed our review of your recent application for a homeowner's mortgage on the above-noted property and have approved it for a total loan amount up to $175,000.
The initial term of the mortgage is 5 years, at an annual fixed interest rate of 5.75%. You will have the option of taking out low-cost mortgage life insurance when you sign the papers.
You will soon be contacted by Susan Laurent of my office who will set up an appointment with you so that you can sign the final papers and formalize the agreement.
We thank you for your interest in working with our mortgage department and we look forward to a long and mutually beneficial relationship.
For any additional information regarding the terms of your mortgage, please do not hesitate to contact me at (xxx) 865-2595.
Senior Associate, Homeowner Loans
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