Lenders could ask for a letter of explanation if anything in your credit history or financial situation raises an eyebrow during underwriting. Jackie Windham, senior vice president of mortgage ...

A letter of explanation for a mortgage ... your financial history that appear on your mortgage application. While your mortgage is going through the underwriting process, your lender may come ...

If your credit report has any negative history, or if there is something in your mortgage application ... and judgments. Underwriters are often required to get letters of explanation for certain ...

"The letter of explanation is the underwriter's way of ... offers a letter of explanation sample for an address discrepancy: Shashank Shekhar, CEO and mortgage broker/lender at Arcus Lending ...

A mortgage lender might ask you to write a letter of explanation to better understand your finances when deciding whether to approve you for a loan. While your lender’s underwriting department ...