Cash Out to Offset the Premiums on MRTA & Credit-Card Balance(s) (Sample Letter)

Loan Applicant:
Reference:

To Whom It May Concern:
The Mortgage Loan Department or Credit Department
Mortgagor Bank
[Postal Address]

Date of this letter:

Reference: Cash Out to Offset the Premiums on MRTA & Credit-Card Balance(s)

Kindly be informed that we [ Name & NRIC ] hereby giving consent to your company or whoever in authority to deduct the premiums for the MRTA and also to make direct payments to the credit card issuer bank from the Cash-Out amount that I/we have applied for during my/our application for re-financing exercise.

I sincerely appreciate that this request could be fulfilled and coordinated very promptly.

Your generous assistance and highest degree of attention to our request is much appreciated indeed and we hereby look forward to receiving your earliest feedback.


Yours truthfully,



………………………………………………………
Name:
Contact: