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The ABCs of Writing a Letter of Explanation for a Mortgage – The ABCs of Writing a Letter of Explanation for a Mortgage. August 1, 2017. s common for mortgage underwriters to ask for a written explanation for certain situations or problem areas in your credit history, employment or other areas.
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Credit Letter of Explanation – Free Letters – We know that credit letter is an official document issued by the bank or any financial agencies. Sometimes the credit reports have some bad credit entries. So we write a letter to explain the reason of such entries in the report. Such letter is known as a credit letter of explanation.