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2. What is a mortgage proof of funds letter? - AOL

   www.aol.com/finance/mortgage-proof-funds-letter...

   A preapproval letter and a proof of funds letter are two separate documents, but they’re both important when buying a house. Before you can get a mortgage, you will need a mortgage preapproval ...

3. How to write a letter of explanation for a mortgage - AOL

   www.aol.com/finance/write-letter-explanation...

   Sample letter of explanation While the exact content of your letter depends on your circumstances, you can use this sample letter of explanation to a mortgage lender as a template: Date

4. Estoppel certificate - Wikipedia

   en.wikipedia.org/wiki/Estoppel_certificate

   An Estoppel Certificate (or Estoppel Letter) is a document commonly used in due diligence in real estate and mortgage activities. It is based on estoppel, the legal principle that prevents or estops someone from claiming a change in the agreement later on. [1] It is used in a variety of countries for commercial and residential transactions.

5. Loan origination - Wikipedia

   en.wikipedia.org/wiki/Loan_origination

   For example: if the borrower's house appraises for $415,000 and they wish to refinance for the amount of $373,500 – the LTV ratio would be 90%. The lender also may put a limit to how much the LTV can be – for example, if the borrower's credit is bad, the lender may limit the LTV that the borrower can loan.

6. HUD-1 Settlement Statement - Wikipedia

   en.wikipedia.org/wiki/HUD-1_Settlement_Statement

   HUD-1 Settlement Statement. The HUD-1 Settlement Statement is a standardized mortgage lending form in use in the United States of America on which creditors or their closing agents itemize all charges imposed on buyers and sellers in consumer credit mortgage transactions.

7. What to do when your mortgage application gets denied - AOL

   www.aol.com/finance/mortgage-application-gets...

   A mortgage denial letter, also known as a denial letter or adverse action notice, is a formal written communication provided by a lender to a borrower when their mortgage application has been ...

8. Mortgage assumption - Wikipedia

   en.wikipedia.org/wiki/Mortgage_assumption

   For example, a homeowner owes a 30-year mortgage loan of $250,000 against his house. A prospective buyer wants to purchase the house for $300,000 and keep the same mortgage to avoid going through the process and expense of applying for a new loan.

9. Missing mortgage payments: How many can I miss before ...

   www.aol.com/finance/missing-mortgage-payments...

   A mortgage involves a contract between a borrower and a mortgage lender in which the lender agrees to provide money upfront while the borrower agrees to repay the debt over time and with interest ...