Hi All,
I have 13 medical collections on my credit report. These are the only bad things on the report with many more good things showing.
I wasn't sure I could get a refi or loan on one of my properties, but after talking to the Credit Union they told me I should move forward on the loan processing.
Well today the mortgage rep emailed and the loan committee wants a letter of explanation about the medical bills.. I'm taking that as a good sign - at least I hope it's a good sign.
My question is I'm not sure how much or little detail I should go into in the letter. Usually there are specific things they want to see inside these types of letters, certain verbage that they want to see.
I'm looking for some advice on what I should or shouldn't include in the letter.
Thank you.