CBC Mortgage Agency

NMLS: 1186381
912 W. Baxter Drive, Suite 150
South Jordan, Utah 84095

Main: 866.563.3507
Servicing: 866.563.7572
Fax: 435.237.0022

18-24: LETTER OF EXPLANATION FOLLOW UP

November 2, 2018 By

Since our announcement requiring a LOE from the borrower on any loan where a home is being retained and CBCMA is financing the down payment for the purchase of a home, we have received numerous requests regarding what the LOE should cover. The borrower should include some explanation about the motivation to buy the property, and what the plans are for retaining the current REO.

«
»
magnifiercrossmenu