Contract-Fraley
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Michael Consoli and Corey Ratley have been pre-approved for a $885,000, 30-year fixed rate mortgage from Covenant Mortgage Corporation to purchase a property at 800 Hedgegate Court in Roswell, GA. The pre-approval is subject to meeting underwriting criteria, maintaining financial standing, a termite inspection if needed, an appraisal of at least $885,000, and proof of gift funds for the down payment.
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- 1. March 9, 2011 Michael Consoli and Corey Ratley 2035 Fife Ridge Court Roswell, GA 30075 Purchase Price: $885,000 Product: 30 Year Fixed Reference: 800 Hedgegate Court Roswell, GA 30075 Offer Expiration Date: May 20th, 2011 Dear Michael and Corey, Pursuant to information you provided, your pre-approval request has been formally processed and underwritten. As a result of this process, I am pleased to inform you that you have been “Pre- Approved” for a mortgage loan with Covenant Mortgage Corporation, for the above referenced property, subject to the following conditions: • Our normal underwriting criteria must continue to be met for final approval. • Continuation of net worth and credit standing prior to closing. • Termite inspection, where applicable. • Receipt of an appraisal for the amount of the above listed sales price that meets HVCC standards. • Proof of receipt of gift funds for cash to close. Thank you for your business. Sincerely, Jim Lewis Mortgage Planner Covenant Mortgage Corporation 1000 Mansell Exchange West, Suite 270, Alpharetta, GA 30022 770-745-4797
- 2. 1000 Mansell Exchange West, Suite 270, Alpharetta, GA 30022 770-745-4797