Customer Loan Rejection Letter Template

Send a formal and appropriate rejection letter to clients using this Customer Loan Rejection Letter template. This ready made template is instantly downloadable and is available in A4 and US Letter sizes. Easily edit with Google Docs, MS Word, or Pages applications. Get a copy of this template for free.

Customer Loan Rejection Letter

[Name of Bank]
[Street Address]
[City, State, Zip Code]
[Contact Information]

[DATE]

[Name of Client]
[Street Address]
[City, State, Zip Code]

RE: LOAN APPLICATION

Dear [Name of Client],

We regret to inform you we are unable to approve your application for a loan of [insert the amount loan your client requested]. Our inspector checked out the property you proposed to mortgage and he is of the opinion that its present market value is not more than [insert amount] at the maximum.

If you would consider making an application for a smaller loan, our loan officer, [insert name of loan officer], will be glad to be of assistance.

Thank you.

Yours sincerely,

[Your signature]
[Your Name]
[Your Position or Title]
[Name of Bank]