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Resolving Important Mortgage Issues by Letter
The Mortgage Professor: How to write a letter to a lender
Jan. 29, 2015
By JACK GUTTENTAG The Mortgage Professor - Tribune News Service
Q: I am downsizing by purchasing a smaller home that will be my primary residence. Because I do not have my existing house on the market, the lender I approached to finance the purchase has asked me for a letter describing my reasons for the purchase. I intend eventually to sell my current primary home, but for now, I will most likely rent it to a friend for some time. What should I include in my letter that would satisfy this lender?
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