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Letter of Explanation (LOE): Previous Address / Address. – If there is an address that shows up on the credit report but not reported by the borrower, Blend will request a Letter of Explanation (LOE) for that additional address as a follow up. And as with all Blend follow-ups, a lender can chose to remove it from the Overview page if it does not apply to their borrower. Follow-Up Workflow:
Letter of explanation for previous addresses? | GBCN – · We’re scheduled to close on our loan this week. The underwriter requested a letter of explanation about our previous addresses. WTF? I don’t even know what to say.
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