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How to Write a Letter of Explanation. Format your letter in a business style; include your name(s), date written and contact information. Address the letter to your mortgage loan officer or the mortgage company according to your loan officer’s instructions. Limit your explanation to facts and dates.

Mr Gutwein said contracts were in place for the 0 million project but no deposit had been paid yet. of Tasmania to have those vessels delivered on time. “There is no explanation as to the.

Then one was part of a tragedy. » Deerfield officials still haven’t received a full explanation of the audit. terry horstman, a spokesman for the Illinois Department of Revenue, confirmed the deposit.

Lender asks me to explain a deposit of 6k last month. It’s from various gift money (birthdays, graduations) Lender wants me to explain my recent 6k deposit (loan, real estate, approved) – Mortgages -Lenders, loans, financing, rates, foreclosures, short-sales, brokers, credit score, deed, lien, refinancing, borrowers – City-Data Forum

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Since the deposit amount isn’t very large they will most likely accept the written letter of explanation. We had a situation where they questioned a couple $500 cash deposits into my wife’s bank account and we just told them they were from a yard sale and that was all they needed. They didn’t even ask for anything in writing.

Mortgage underwriters will question large or irregular deposits. All large and irregular deposits needs to be sourced in order to use it for down payment and/or closing costs; An example of a letter of explanation for a large or irregular deposit can be a sale of a vehicle. My Bank Statement Can Kill My VA Loan?

letter by the Midland Bank to a customer, informing on the introduction of electronic data processing and the introduction of account numbers for current accounts. A bank account is a financial account maintained by a bank for a customer. A bank account can be a deposit account, a credit card account, a current.

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cant prove a cash deposit and its 3 weeks before close!!! Find answers to this and many other questions on Trulia Voices, a community for you to find and share local information. Get answers, and share your insights and experience.

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