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Crafting a Letter of Explanation for an FHA Mortgage. – A carefully written Letter of Explanation can go a long way toward getting a loan approved.. SAMPLE LETTER OF EXPLANATION. This letter provides explanations for each item listed in my credit report obtained in connection with my mortgage application. 1. Unpaid Student Loan Collection.
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How to Properly Write a Letter of Explanation for a Mortgage – How to Write the Letter of Explanation. While the Letter of Explanation isn’t extremely formal, there is a specific format you should follow and certain information you must include. This will give you the best chance of the underwriter accepting the letter and approving your loan file.
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Mortgage Letter of Explanation Sample – e Sample Letters – Mortgage Letter of Explanation Sample You may have been diligent in paying off your mortgage for years but if you have lapsed now, it is your duty to write a letter of explanation to the company that has granted you the mortgage.