The Best Credit Explanation Letter Formula 07/31/2019 A LITTLE TIP THAT GOES A LONG WAY Keeping It Simple Often times its the simple things that cause a deal to go south. A credit explanation letter is one of those simple things that is easy to get right the first time. When done wrong, it can open up a can of worms that may lead to more questions from the underwriter. While we don't recommend writing the letter for your borrower, you can certainly let them know what type of content would serve them well. The secret is a simple formula that
A LITTLE TIP THAT GOES A LONG WAY Keeping It Simple Often times its the simple things that cause a deal to go south. A credit explanation letter is one of those simple things that is easy to get right the first time. When done wrong, it can open up a can of worms that may lead to more questions from the underwriter. While we don't recommend writing the letter for your borrower, you can certainly let them know what type of content would serve them well. The secret is a simple formula that