Refinance Letter Of Explanation
Refinance Letter Of Explanation
[YOUR NAME]
[YOUR POSITION]
[YOUR COMPANY NAME]
[YOUR EMAIL]
[DATE]
Dear [RECIPIENT'S NAME],
I am writing this letter to provide a detailed explanation regarding the recent application for refinancing submitted on [APPLICATION DATE]. There are several factors mentioned in the application that warrant a comprehensive explanation to ensure proper understanding and to address any potential concerns from the lender.
The primary reason for seeking refinancing is due to [REASON FOR REFINANCING]. This decision was influenced by [SPECIFIC CIRCUMSTANCES OR EVENTS], which we believe are critical in understanding our current financial position and the strategic move towards refinancing.
In addition, there were notable changes in [MENTION FINANCIAL STATUS CHANGES] that I believe are essential to outline. These changes are detailed as follows:
[DETAILED EXPLANATION OF FINANCIAL CHANGES]. Describing these adjustments provides clarity and justifies the necessity for the refinancing at this juncture.
Supporting documents have been attached to corroborate the explanations provided here. They include [LIST OF DOCUMENTS] which reflect the accuracy of the details mentioned in this application.
I trust this letter clarifies any queries you may have regarding the refinance application. Should there be any further details required, please feel free to contact me directly at [YOUR EMAIL]. I am keen to assist in any way possible to facilitate a smooth and expedited refinancing process.
Thank you for considering our application and for your ongoing support.
SINCERELY,
[YOUR NAME]
[YOUR POSITION]
[YOUR COMPANY NAME]
