Adverse Action Notice Drafter
The formal notice when you decline or counter a loan application, drafted for review
Install it in one line — paste a single command into Claude, ChatGPT or Cursor and it writes the skill into your project.
Free, and about thirty seconds: a work email and a six-digit code.
Downloading shares your name, firm, role, and email with The Helvetica Group. That introduction is what keeps every skill here free.
What this skill does
Drafts the formal notice you may owe an applicant when you decline a loan, approve it on worse terms, or make a counteroffer they turn down. Federal fair-lending rules cover business loans too, and when a credit report played a part there can be extra disclosures. It turns your underwriter's findings into specific, accurate reasons and drafts the notice for you and your counsel to review.
What it does
- Works out whether a notice is likely needed: a decline, lower approval, rejected counteroffer, incomplete file or withdrawn application
- Flags when a credit report or score was used, including a guarantor's, and whether the extra credit-report disclosures may apply
- Maps each underwriting finding (LTV too high, cash flow short, liquidity short, credit lates) to a specific reason statement
- Checks that no reason touches a protected characteristic, directly or by stand-in
- Assembles the required parts: the action taken, the reasons, the anti-discrimination statement and credit-report disclosures
- Includes a delivery log so the file shows when and how the notice was sent
When to use it
- You have declined a loan application
- You approved less than requested or on different terms
- A borrower turned down your counteroffer
- A decline was based partly on a borrower's or guarantor's credit report
What to have ready
- The application: who applied, when, and what they asked for
- The decision and the underwriter's actual reasons
- Whether a credit report or score was used, and whose
- Your firm's name and address, and the deadline your counsel confirms
How to use it
- Download it with the button above. You'll sign in with a work email — that's how the creator knows who is using their skill.
- Copy the install prompt from the "Run it in Claude" box, and paste it into Claude along with the file. Claude installs the skill, fills in your firm's details where the file has
[BRACKETED]placeholders, and runs a quick test with you. - Then just ask in plain English. Claude picks the skill up on its own when a request matches it. Anything it still needs, it asks you for — it won't invent a number.
"We declined [BORROWER LLC]'s [LOAN AMOUNT] bridge request received [DATE]: LTV came in at [LTV]% and the guarantor's credit had recent mortgage lates. We pulled [BUREAU]. Draft the adverse action notice."
What you get back
An internal notice decision with the reasons mapped, a draft notice ready for counsel's review, and a delivery log for the file.
Good to know
- Output quality tracks input quality. A missing figure is flagged as missing — it is never estimated to fill a gap.
- Every draft is a starting point for your own review, not a finished decision.
- Runs anywhere Claude does: the Claude app, Claude Desktop, or Claude Code.
- It never invents a deadline or rule. Anything that depends on current law is marked for your counsel to confirm, and it never sends anything itself.
Legal disclaimer
This skill drafts; it does not decide. Its output is not legal, tax, accounting, appraisal, or investment advice, and using it creates no attorney-client, fiduciary, or advisory relationship. Nothing it produces is a commitment to lend or an offer to sell a security. Verify every number, date, citation, and conclusion against the source documents, and have a qualified professional licensed in the relevant jurisdiction review the work before you rely on it or send it to a borrower, investor, counterparty, or regulator. Laws, rates, and market data change. The final work product is yours.
Inside this skill
The actual file you get. Members can read it in full before saving it.
Adverse Action Notice Drafter
Private lenders who make only business-purpose loans often assume the federal adverse-action rules are for consumer lenders. They are not: the Equal Credit Opportunity Act and its Regulation B cover business credit too, and the Fair Credit Reporting Act adds its own disclosures when a credit report played a part in the decision. The notice is short, but it has required elements, and vague reasons ("did not meet our guidelines") are exactly what the rules are meant to prevent. This skill decides what kind of notice the file needs, turns the underwriter's findings into specific reasons, and drafts it for review.
Works for lenders and brokers on bridge, fix-and-flip, construction, DSCR/rental, land and small-balance commercial applications, from entities or individuals. This is the regulatory notice. For a relationship-focused letter that explains the decision to a broker or borrower and offers alternatives, use decline-and-counteroffer-letter; the two can go together, and counsel decides whether one letter can serve both purposes.
Step 1 — Intake
| Input | Required? | Notes |
|---|---|---|
| The application | ✅ | Who applied (entity, individuals, guarantors), date received, amount and terms requested, property |
| The decision and date | ✅ | Declined, approved for a lower amount or different terms, counteroffer made (and whether accepted, rejected or unanswered), application withdrawn, or file incomplete |
| Underwriting reasons | ✅ | The actual findings from the credit memo or decline notes — in the underwriter's words |
| Credit report or score used? | ✅ | Whose report (borrower, guarantor), which bureau or reseller, whether a score was used, and whether the report influenced the decision |
| Other third-party information | Helpful | Background checks, verification services, references — may bring separate disclosure duties |
| Applicant's business size | Helpful | Regulation B treats business applicants differently by gross revenues; ask for the applicant's prior-year revenues if known |
| Broker involvement | Helpful | Whether the application came through a broker and whether other lenders saw it |
| Lender's details | For the draft | Legal name, address, contact for questions; the federal agency named in the ECOA statement (counsel confirms which) |
Reading the full skill counts as a download. The contributor receives your name, company, and email.
Ratings & reviews
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Examination record
Run it in Claude
- Copy the install command above
- Paste it into Claude, ChatGPT or Cursor
- It writes the skill in, fills in your firm’s details, and test-runs it with you
Prefer the file? The prompt above is for a package you already downloaded.
Details
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