Letter of Explanation: What It Is and How to Write One
Letter of Explanation: What It Is and How to Write One
Finally, you’ve found the perfect house. The present owners have agreed to your offer, your lender asks for a rent-free letter, and panic starts to set in. Do not panic. These kinds of requests are more common than you may believe. Lenders typically require a rent-free letter to verify your housing history, regardless of whether you’ve been living ...
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