Tag Archives: funding

Mortgage Tip: The “Comfort Letter”

Do you have clients applying for a mortgage who are worried about some hard-to-explain aspects of their application? Counsel them to attach a “comfort letter.” This piece, “Mortgage Comfort Letters: No Need to Panic,” explains that comfort letters are “statement(s) clarifying your financials so [lenders] can get you to the closing table with minimized risk.” [...]

Continue Reading