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Sample
Letter of Explanation to the New Mortgage Lender:
Please
copy the layout of this letter, deleting this heading. Here
are some good tips to follow as you are preparing your letter:
-
Be brief.
- Write
succinctly.
- Don’t
over embellish.
- State
a good case.
- Show
appreciation for lender consideration.
Date: Today’s Date
Re: Property Address, if refinancing
Mortgage Loan Numbers
Foreclosure or Bankruptcy
Case Nos.
TO WHOM IT MAY CONCERN:
List in this paragraph the circumstances of the bankruptcy
filing or the reasons for foreclosure. Be as brief as is possible
and write very legibly. We want the lender to read and understand.
Then,
list what has changed in your circumstance that allows you
to repay the new loan.
Sincerely Yours,
Your
Name
Your
Address
Contact Numbers
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