Loan Transfer Letter
Date: September 3, 2050
Jake Willms
Arlington, TX 76001
Dear Jake Willms,
We are writing to inform you of the transfer of your existing loan to a new lender. This letter serves as a formal notification of the loan transfer, which has been completed as of September 1, 2050.
Your original loan with Heritage Financial Corp., under the account number HF123456789, has been transferred to our institution. The new loan details are as follows:
Loan Details
New Lender: [Your Company Name]
Loan Amount: $50,000
Interest Rate: 4.5% per annum
Repayment Period: 5 years
Monthly Installments: $934.12
New Account Number: 1234567890
Enclosed with this letter, you will find a new loan agreement reflecting the terms of the transferred loan, as well as details on the updated repayment schedule. Please review the documents and ensure that your contact information and payment details are accurate.
If you have any questions or require further assistance regarding this transfer, please contact our customer service department at [Your Email].
Thank you for your attention to this matter, and we look forward to continuing our partnership.
Sincerely,
[Your Name]
Loan Officer
[Your Company Name]
[Your Email]
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