A letter of explanation for a mortgage underwriter should explain delinquencies on a person's credit report, how they happened and the steps being taken to ensure they do not occur in the future. Often, a mortgage underw... More »

A mortgage letter of explanation is written by someone attempting to borrow money and explains a situation that could present lender risk. When risk is evident, mortgage underwriters often require a letter of explanation... More »

A letter of explanation for derogatory items on a credit report should explain the circumstances that caused any late payments and why future late payments will not occur, according to Guston Cho Associates. Writers shou... More »

A letter disputing a credit report should include the person's full name and address, a list of all disputed items and a detailed explanation of why each item is incomplete or incorrect, advises the Federal Trade Commiss... More »

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If the letter to explain bad credit is for use in securing a home mortgage, Trulia recommends ordering a copy of the credit report and detailing the reason behind each negative remark listed on the report. However, if th... More »

A mortgage letter of explanation is written by someone attempting to borrow money and explains a situation that could present lender risk. When risk is evident, mortgage underwriters often require a letter of explanation... More »

The purpose of a letter of explanation of a bankruptcy is to explain to a potential lender the extenuating circumstances for an unfavorable credit history. These can include loss of a job, medical problems, family member... More »