Sample letter of explanation for a mortgage lender. While the exact content of your letter depends on your circumstances, you can use this sample letter of explanation to a mortgage lender as a ...

Sample Letter of Explanation If your lender asks for a letter of explanation, you’ll want to state what the issue is and, if needed, describe how it was resolved. You won’t need to write a ...

If your credit report has any negative history, a lender may require a letter of explanation for a mortgage application. Needing a letter of explanation isn't a cause for panic, but it's something ...

A letter of explanation makes getting approved for a mortgage more cumbersome, but it's a positive sign. When a lender requests a letter of explanation, it is giving you the opportunity to share ...