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. You ...

Write a brief explanation of why you're writing the letter in your opening statement, such as, "We are writing to cease our current cleaning service." ...

How to Write a Business Letter To get results, craft business letters that are professional, clear and concise.

How to write a letter of explanation for a mortgage There’s no need to panic if a lender requests a letter of explanation: It’s a common part of being granted conditional approval for a loan.

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 ...