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Letter of Explanation Sample – Lender411.com – How to Write a Letter of Explanation for a Mortgage Lender By Stevie Duffin Updated on 7/26/2017. If your mortgage lender has requested you write a letter of explanation to describe an extenuating circumstance that led to some blemishes in your loan application, consider it an opportunity to satisfy eligibility requirements.
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How to Write a Letter of Explanation For Your Mortgage. – Check your letter for spelling, grammar and formatting issues before you submit it, and follow your loan officer’s instructions. A letter of explanation helps your lender understand you better. Use it as an opportunity to show that you are a responsible borrower who can manage big financial obligations like a mortgage.
What Is A Letter Of Explanation? | Bankrate.com – How to write a letter of explanation The letter is considered a piece of supplemental information that goes along with your mortgage application. With that in mind, make sure it is thorough and.