You arrive home one day to find the kitchen window broken and your stash of dark chocolate truffles dangerously depleted. Explanation #1: A chocolate-seeking criminal has broken in! Explanation #2: ...
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." This isn ...
If you're buying a home and your lender asks for a letter of explanation (LOE), it doesn't necessarily mean you’re in trouble. Lenders often request letters of explanation to clear up simple details ...