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Conditional PreQual Letter.pdf

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Description

Rand & Associates, Inc. Conditional QUALIFICATION Letter August 24, 2025 Prospective Applicant(s): Gabriel Gonzales & Mary Pili Loan Officer: Noah Magryta NMLS License Number: 1864391 Rand and Associates Inc NMLS # 1879863 Loan Parameters: Purchase Price: $450,000 Loan Amount: $427,500 Qualifying Interest Rate: 6.625% Term: 360 Months Maximum Loan-to-Value Ratio: 95% Loan Type and Program: Conventional 30 Year Fixed Address: 5401 Odom Avenue, Fort Worth, TX 76114 Rand & Associate Inc has receive

Extracted Content

Rand & Associates, Inc. Conditional QUALIFICATION Letter August 24, 2025 Prospective Applicant(s): Gabriel Gonzales & Mary Pili Loan Officer: Noah Magryta NMLS License Number: 1864391 Rand and Associates Inc NMLS # 1879863 Loan Parameters: Purchase Price: $450,000 Loan Amount: $427,500 Qualifying Interest Rate: 6.625% Term: 360 Months Maximum Loan-to-Value Ratio: 95% Loan Type and Program: Conventional 30 Year Fixed Address: 5401 Odom Avenue, Fort Worth, TX 76114 Rand & Associate Inc has received a signed application for the Loan from the Prospective Applicant.  Rand & Associates Inc has reviewed the Prospective Applicant’s credit report and credit score. The Prospective Applicant has provided Rand & Associates Inc in writing with information about the Prospective Applicant: Income X Yes No Not Applicable Available cash for down payment and payment of closing costs X Yes No Not Applicable Debts X Yes No Not Applicable Assets X Yes No Not Applicable Based on the information that the Prospective Applicant has provided to Rand & Associates, as described above, Rand & Associates has determined that the Prospective Applicant is eligible and qualified to meet the financial requirements