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Letter of Explanation to Mortgage Lenders – Budgeting Money – Letter of Explanation to Mortgage Lenders.. A letter of explanation supplements the information you provided on your mortgage loan application.. Many lenders ask you to provide a two-year work history to show that you have a steady source of income. but you might have gaps in your.
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Examples of a Hardship Letter | LoanSafe's Mortgage & Real. – Examples of a Hardship Letter.. A hardship letter is a written explanation as to what has caused you to fall behind on your mortgage and it vital in helping you stop foreclosure.. we went down to one income and were unable to keep up with the higher mortgage payments due to our escrow.
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