A letter of explanation for a mortgage is a document that addresses red flags that might derail a mortgage approval, such as a period of unemployment or an unpaid credit balance. A letter of ...

Richard Garner’s recent letter warned citizens not to take pleasure in the prosecution of Donald Trump’s self-inflicted legal woes. Why do those who are enamored with an autocrat’s power ...

A letter of explanation for a mortgage is a document that provides further details about an applicant’s creditworthiness or financial circumstances. The letter of explanation addresses red flags ...

Get guidance from trusted mortgage experts. If you're buying a home and your lender asks for a letter of explanation (LOE), it doesn't necessarily mean you’re in trouble. Lenders often request ...

If your credit report has any negative history, or if there is something in your mortgage application that requires more information, a lender may ask you to submit a “letter of explanation.” ...