A Loan Application Cancellation Letter is a formal document used when an applicant wishes to withdraw their loan application before final approval or disbursement. This document is particularly important in the Maltese banking sector, where it must comply with local banking and consumer protection laws. It's commonly used when circumstances change during the application process, when better lending terms are found elsewhere, or when the loan is no longer needed. The letter serves as official documentation of the cancellation request, protecting both the applicant and the financial institution. Under Maltese law, this document should include specific reference information, clear cancellation intent, and address any fees or documents involved in the application process.

1. Sender's Details: Full name, address, and contact information of the person canceling the loan application

2. Date: Current date of the letter

3. Recipient's Details: Bank/financial institution's name, branch, address, and relevant department

4. Reference Information: Loan application number, date of original application, and any other relevant reference numbers

5. Subject Line: Clear indication that this is a loan application cancellation request

6. Cancellation Statement: Clear and unambiguous statement of intention to cancel the loan application

7. Reason for Cancellation: Brief explanation for the cancellation (if appropriate)

8. Request for Confirmation: Request for written confirmation of the cancellation

9. Signature Block: Space for signature, printed name, and date