[Your Name]
[Your Address]
[City, State, ZIP Code]
[Email Address]
[Phone Number]
[Date]
[Recipient’s Name]
[Recipient’s Position]
[Bank/Financial Institution’s Name]
[Address]
[City, State, ZIP Code]
Subject: Authorization for Loan Application Processing
Dear [Recipient’s Name],
I, [Your Name], residing at [Your Address], hereby authorize [Authorized Person’s Name], residing at [Authorized Person’s Address], to act on my behalf regarding the loan application with [Bank/Financial Institution’s Name] for the amount of [Loan Amount].
This authorization includes the following actions:
- Submission of Application: Complete and submit the loan application and all necessary supporting documents.
- Correspondence: Communicate with bank representatives and respond to any queries or requests for additional information.
- Agreement Execution: Sign all required documents and agreements related to the loan processing and approval.
The purpose of this authorization is to ensure the timely and efficient processing of my loan application during my absence due to [reason, e.g., travel, work commitments, health issues]. [Authorized Person’s Name] is fully capable and knowledgeable about the details of my loan application.
Attached are copies of my identification, the loan application, and [Authorized Person’s Name]’s identification for verification purposes. Should you require any further information or have any questions, please contact me directly at [your phone number] or [your email address].
Thank you for your cooperation.
Sincerely,
[Your Name]
[Signature]