7+ Approval Letter Templates

An approval letter is an important official document that bears the good news that a certain permission has been granted. It could be mortgage approval or a graduate credit approval. Sometimes the approval letters represent a written request asking for a certain approval. For example, a teacher sending an approval letter to a company requesting a field trip with students in the company’s premise. In case, you need help in formatting approval letters, there are  a redesigned Reference Letter Templates to go for.

Pre-Approval Letter Template

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This pre-approval letter template shows how to format a letter when a financial house has pre-approved a person for mortgage loan with certain parameters. It also mentions final conditions to be met for the final approval.

Credit Approval Letter

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This approval letter template guides on how to create a credit approval letter when a University grants graduate credit to a student for some university workshop. It also specifies basic details regarding registering for the course.

Loan Approval Letter Template

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If you are a student looking for approval of lower payment plan for your student loan, this loan approval letter sample shows how to present your request. The letter will also enable you to ask about the eligibility conditions for such reduced payment.

Mortgage Approval Letter Template

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This approval letter sample is a guidebook on how to format approval letters requesting approval for changes in loan agreement due to reasons like a financial hardship. You will also find sample letters on challenging a lending decision, request of documents, etc.

Conditional Approval Letter

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This conditional approval letter template shows how to write a letter when a mortgage company has approved a home loan for a borrower, based on the latter’s fulfillment of the set conditions.

Sample Request Loan Approval Letter

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Participation Approval Letter Template

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> What is the Purpose of Approval Letter?

The main purpose of the approval letter is to make an approval official. Any request or permission granted, is not usually considered official unless it comes in a written format. Such a letter helps the sender to clearly specify what exactly has been approved of and under what terms and conditions or parameters.

The aim of this leave letter is to make everything formal and legal between the two parties. It also helps to notify the receiver of the letter what he can or cannot do as part of the approval grant. There are approval letter templates here are designed to make your work easier by offering pre-designed approval letters.

Who needs Approval Letter Templates?

An approval letter template is mostly required by mortgage companies/banks when they are about to declare to the borrower that the loan has been approved. It could also be used by employers when he has approved a certain permission requested by an employee and looking to notify the latter. You may also see Environment Complaint Letter.

Besides, universities granting graduate credits to students would benefit from the approval letter templates. These letter templates would be handy for those requesting a certain approval from an organisation- be it a request for approval of leave from an employer or request for reducing the loan amount to the loan company.

What is the Benefit of Approval Letter?

An approval letter is the official certification which says that something, a loan or grant or some special permission, has been approved. It benefits both the sender and receiver of the letter. The sender will benefit because now he or his organisation will have a written record of the person and his eligibility for the loan or the special permission. You can also see Lease Termination Letter Templates.

There will be all the specifics related to the approval, such as relevant dates or parameters, T&C etc. to eliminate any risk of misunderstanding between the two parties. The receiver will also have the peace of mind from the fact that his request has been officially approved and he also has written the document as a proof for that.

Approval letters certify that a certain request has been approved by an organisation or a person. You can take the example of bank reference letters here that note that a bank has approved working terms with a customer.

 

by williams

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