Need help with a letter from mortgage company ??!!?

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I am looking for a home loan application and my loan officer in a letter that we know how important it is to maintain strong credit and huge financial responsibility is to write is a homeowner ….. how the hell do I start writing and all that I can put them in? Thank you

  1. Reply
    February 1, 2011 at 9:30 am

    Since the lender is looking for a specific letter covering the objective in this financing, ask the loan officer if he has a sample letter to show you so that you would learn to include all the issues in the letter, which the lender is looking.

  2. Reply
    February 1, 2011 at 10:16 am

    Here are a few sentences to start with. Just try adding to this.. Good Luck!!

    We understand the importance of paying our bills and mortgage. We want to maintain our strong credit. We plan to pay our mortgage on time each month. We plan to pay our bills on time each month.

    We live within our budget. Our home is our investment. We plan to put some of our money into savings to build up reservers. We plan to keep 3 to 6 months of expenses in our reserve account.

  3. Reply
    February 1, 2011 at 11:05 am

    Mortgage loan is a term used for the loans secured by a property. Mortgage loans refer to a loan secured by residential property, often for the purpose of securing real estate. Mortgage loans are priced lower than other loan structures because the value of the property risk for the lender.

    A fixed rate mortgage loan has its own benefit. If the borrower is budget conscious, he will remain at peace because the monthly mortgage amount will not change.Fixed rate mortgage loan is a loan where the interest rate remains the same through the term of the loan. Fixed rate mortgage loans are the most traditional form of loan.

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