11-13-2012 08:55 AM
11-13-2012 07:57 PM
We went with Veterans United and they never questioned one inquiry. And I have 13 inqs this year.
11-13-2012 08:28 PM
Letters of explanation for inquiries is pretty common.. probably within their rules to ask for LOE for every inquiry within 12 months regardless of what they think it's for. I'll find out tomorrow if I have the same condition as I have quite a few.
11-14-2012 10:56 AM
We are having our file reviewed with Wells Fargo for a VA loan. We were asked to provide explanation for previous inquires on our report... Which were all mortgage pulls. Is this standard underwriting ? Anyone experience this?
This is perfectly normal. I was writing Letters explaining the company's own pulls!!