104/14/1999
 Sample Letter
 
 636 Sample Drive
+________________
 Cary NC, 27513                         *27513*
+______________
  
 Dear Joe Sample,
+_______________,
 
 Congratulations! Based on the information provided to us, we have
 prequalified you for the following:
 
   Loan Program:              30 Year Fixed Rate
   Term:                      360 months
   Qualifying Rate:           5.750%
   Estimated APR:             6.295%
   Loan Amount:               $157,500.00
   Maximum Loan To Value:     90%
 
 This prequalification should give you a general idea of your borrowing
 power. If you are ready to take the next step try out online
 preapproval.
 
 Unlike the simple calculation performed by the prequalification tool,
 our preapproval is a comprehensive analysis of your credit history,
 income, debts, and other factors performed online in just minutes!
 
 Obtaining a preapproval provides you with several advantages:
 
   Knowledge -- You will know exactly how much you can afford before you
                start home shopping.
 
   Competitive advantage -- Sellers and real estate agents will consider
                            you a serious buyer.
 
   Speeds time to closing -- Since you are preapproved you can move into
                             your dream home much faster!
 
   Closing cost credit -- The $60 application fee is applied toward your
                          closing cost.
 
 Our easy to use and secure online application was designed to guide your
 through the home financing process. Of course, if you have any questions
 or prefer to complete your application over the phone give us a call at
 (800) 922-6267. Our mortgage consultants are ready to help you with all
 your home financing needs.
 
 If you prefer to have a mortgage consultant call you, click "send" below
 to confidentially forward your information via secure email. A mortgage
 consultant will call you within one business day.