Sample letter of explanation for a mortgage lender. While the exact content of your letter depends on your circumstances, ... That way, your next mortgage application may be approved. FAQ.

A letter of explanation is a document that provides context about potentially troublesome areas in your financial history that appear on your mortgage application. While your mortgage is going ...

Running a small business when applying for a mortgage can bring complexity into an already stressful application process. Due to this added complication, the mortgage lender might ask for extra ...

Key insights. Your mortgage lender might request a letter of explanation if it needs information on your loan application clarified. Common reasons for a lender to request an LOE include large ...

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 ...