Cancellation of Housing Loan
March 11, 2058
Randy White
4384 Bryan Street,
Greensboro, NC 27407
Dear Mr. White,
I hope this letter finds you well. I am writing to request the formal cancellation of my housing loan, with reference number [Loan Reference Number]. Due to unforeseen circumstances, I am unable to fulfill the loan requirements, and as such, it is my most contentious desire to step away from this commitment.
After careful consideration and financial review, I found that maintaining the loan will put imprudent pressure on my current resources and my overall financial health. In light of this situation, I am respectfully requesting the termination of the said agreement with your revered institution.
I sincerely apologize for any inconvenience this may cause and will cooperate fully in any way necessary to ensure a smooth process. I understand there may be penalties or costs associated with the early cancellation per the terms and conditions outlined in the loan agreement.
Please kindly provide a detailed statement of any sums owed and procedures to close this loan account along with the deadline for any payments to be made. You are welcome to reach me via phone at [Your Phone Number] or via email at [Your Email] at your earliest convenience to discuss the way forward.
Thank you for your understanding and cooperation in this matter.
Sincerely,
[Your Name]
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