Letter of explanation for previous addresses? | GBCN – Letter of explanation for previous addresses? Go to. Previous Thread;. The underwriter requested a letter of explanation about our previous addresses.. Then I bought a house. Should I say, "I was at address #2 because I bought a house and was the best house I could afford?" These.
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LePage denies legislator’s request for information. Apparently, it’s excessive disruption’ – Brian Hubbell and other lawmakers sought an explanation. that even began to address his queries. “It is my understanding that you have made requests for information to the Department of Education,”.
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Letter of explanation multiple addresses – myFICO® Forums. – My husband had 7 address listed and I had 5. I did a letter of explanation stating I moved for more space. They didn’t question it. They just needed everything on the credit report explained. I even had my name with first and last, and first, last and middle initial and they wanted an explanation for that.
· The letter of explanation (or LOE for short) is a common part of the mortgage underwriting and documentation process. Some borrowers panic when an underwriter asks for such a letter, because they think the loan is going to be denied. But that’s not always true.
What is a Letter of Explanation? A letter of explanation (LOX) is a brief document sent to lenders to clarify things like an insufficient-funds charge on your checking account, to note changes in income, provide a summary of your rental history, or just about anything that could be called into question during the mortgage approval process.
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Letter of Explanation (LOE): Previous Address / Address. – If there is an address that shows up on the credit report but not reported by the borrower, Blend will request a Letter of Explanation (LOE) for that additional address as a follow up. And as with all Blend follow-ups, a lender can chose to remove it from the Overview page if it does not apply to their borrower. Follow-Up Workflow:
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