Letter of Verification for Loan Eligibility

Madison Clark
Loan Officer
First Community Bank
100 Main Street
Springfield, IL 62701

Date: March 5, 2024

Elijah Roberts
Branch Manager
Premier Lending Services
250 Finance Avenue
Phoenix, AZ 85004

Dear Mr. Elijah Roberts,

I am writing to you in my capacity as a Loan Officer with First Community Bank, Springfield, IL, regarding the loan eligibility of our mutual client, Ms. Danielle Thompson. This letter serves as a formal verification of Ms. Thompson’s financial status and eligibility for loan products as per the evaluation conducted by our institution.

Ms. Thompson has been a valued customer of First Community Bank for the past five years. During this time, she has maintained an exemplary banking relationship, characterized by her sound financial management and consistent savings growth. Her accounts reflect a stable and substantial balance, meeting our internal criteria for loan eligibility.

Based on our comprehensive review, including an assessment of her credit history, income verification, and financial behavior, Ms. Thompson is deemed eligible for loan products offered by our bank, including personal and mortgage loans. She has demonstrated a robust ability to manage credit effectively, as evidenced by her credit score of 750, which places her well within the range of eligibility for competitive loan rates.

It is our belief that Ms. Thompson’s financial stability and responsible credit management make her a suitable candidate for loan consideration. We have full confidence in her ability to fulfill her repayment obligations in a timely and consistent manner.

Please note that this verification is provided based on the information available to us as of the date of this letter and is intended to assist in your evaluation of Ms. Thompson’s loan application with Premier Lending Services. Should you require any further information or clarification, please do not hesitate to contact me directly at (217) 555-0198 or via email at [email protected].

Thank you for your attention to this matter, and we look forward to assisting you further if needed.

Sincerely,

Madison Clark
Loan Officer
First Community Bank
[email protected]
(217) 555-0198