What is a letter of explanation, and why does it matter?

[@J96342]

Can you make a video on va loan discrimination, had several offers rejected because I plan on using a va loan.

[@lowvarates]

Yes we can that’s a great idea

[@jessezamudio4625]

Wow! Im on that part right now! Underwriting is so stressful

[@lowvarates]

Are you in underwriting with us or another lender?

[@jessezamudio4625]

@@lowvarates another lender. Veterans united.

[@lowvarates]

@@jessezamudio4625 well if you get stuck in underwriting or things go south we would love to help you out

[@misanthropicleo]

​@jessezamudio4625 me right now! VU is driving me nuts 😤

[@jessezamudio4625]

@@misanthropicleo they denied me a day before closing. They’re a scam smh

[@J96342]

Can I still roll in my funding fee if it puts the mortgage over the appraised value?

[@lowvarates]

On a VA IRRRL or purchase yes, but not on a VA cashout no.

[@AnaRodriguez-co8xe]

What if the bad credit was me helping my brother and he got behind and and never told me 😏 should I tell the truth?

[@lowvarates]

ALways tell the truth when explain your negative credit. Normally the story helps in events where your loan is being manually underwritten