Credit Denial for Property
To Whom It May Concern:
Please be advised that the purpose of this letter is inform all parties with regards to the property located at
After careful review of the property and the surrounding area, It has been determined that the cost of repairs and the cost per square foot is not favorable to the market analysis we researched. The value does not support the loan request, therefore we have denied any funding for the purchase price.
USA Private Money, LLC works as a consultant to help borrowers secure business purpose loans. We don’t offer any type of owner occupied consulting assistance. USA Private Money, LLC has met the licensing requirements, is exempt from licensing requirements or will refer borrowers to companies who are licensed in all states / provinces we conduct business. Your specific facts and circumstances will determine whether USA Private Money, LLC has the authority to assist with a loan preapproval in your specific jurisdiction.