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Letter of explanation template Questions & Answers

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Contents of the Address Discrepancy Letter Loan Information: Borrower(s) name, loan number, and date. Current Address: The current residential address of the borrower. List of Other Addresses: List of all other addresses that have been reported as current addresses. Signature: Signature of the borrower.

What is Address Discrepancy Letter? Address Discrepancy Letter is a letter of explanation where the borrower clarifies the current residential address and responds to any discrepancy in the address stated in credit report or other documents.

The key to writing a great letter of explanation is to keep it short, simple and informative. Be clear and write with as much detail as you can since someone else will need to understand your situation. Avoid including irrelevant information or answers to questions the underwriter didn't ask.

A letter of explanation (LOE or LOX) is a letter you draft in response to a mortgage lender's request to explain ambiguous or derogatory information in your credit history, income background, or other application documentation.

The key to writing a great letter of explanation is to keep it short, simple and informative. Be clear and write with as much detail as you can since someone else will need to understand your situation. Avoid including irrelevant information or answers to questions the underwriter didn't ask.

Here's what you'll need to include: a subject line with your name and application number; your current mailing address and phone number; outline all of the facts that the lender asked you for; attach supporting documents such as bank statements, financial documents, and tax returns. Keep the letter formal and succinct.

A letter of explanation is a written, signed and dated document you prepare to address questions a mortgage lender may have about your loan application.

Notice of address discrepancy means a notice sent to a user by a consumer reporting agency that informs the user of a substantial difference between the address for the consumer that the user pro- vided to request the consumer report and the address(es) in the agency's file for the consumer.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232