Letter Of Explanation (Credit Inquiries)

ADVERTISEMENT

Letter of Explanation (Credit Inquiries)
Borrower Name and Address: _________________________________________________________________________________________
Loan #: _______________________________
Please write a brief explanation of the following inquiries on your credit report within the last 180 days:
1)
____________________________________________________________
2)
____________________________________________________________
3)
____________________________________________________________
4)
____________________________________________________________
5)
____________________________________________________________
6)
____________________________________________________________
EXPLANATION:
__________________________________________________________________________________________________________________
__________________________________________________________________________________________________________________
__________________________________________________________________________________________________________________
__________________________________________________________________________________________________________________
Please answer the following questions regarding the recent credit inquiries OR other Mortgage lender activity:
Did any of these inquiries result in an open account other than new loan w/ Pacific Banc?
YES
NO
If the inquiry did result in an open account, please provide your most recent statement or internet printout indicating current balance
and payment if any.
Are you refinancing any properties?
YES
NO
If yes, provide a mortgage statement, homeowner’s insurance and tax bill for that property.
Do you have another loan application open with another lender at this time?
YES
NO
If yes provide details with supporting documentation. If on same property we will require proof of cancellation of other application(s).
Do you currently have any interest in any timeshare properties?
YES
NO
If yes, please provide evidence of mortgage information, HOA dues, taxes, insurance, and annual maintenance fees.
Are you in the process of, or have you recently completed a purchase of any other property?
YES
NO
If yes, please provide details.
______________________________________
___________________________________________
Signature/Date
Signature/Date

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Letters
Go