Pen pals with your mortgage lender? Yeah, it's a thing

Did you know that underwriters often reach out to borrowers via letter? According to a piece in the Wall Street Journal, borrowers shouldn’t be surprised if they are asked to provide a letter of explanation or “comfort letter” to underwriters who are curious about mushy spots in their knowledge of the borrowers’ situations. 08 August 2018, 08:02

Source: Real Estate

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