Yeah, those letters are awkward. I remember having to write one about a missed payment from when my bank switched systems and my autopay just... vanished. Felt like I was confessing to a crime or something. Honestly, I agree—keep it simple, don’t overshare. Underwriters aren’t looking for drama, just an explanation that makes sense. Credit scores really do run the show though. I thought mine was fine until I saw how much a few points could change the interest rate. Wild.
Yeah, it’s wild how much a tiny credit score dip can jack up your rate. I’ve had to explain a weird late payment too—felt silly, but like you said, just keep it straightforward. Those letters always feel more intense than they are. It’s all part of the process though.
Those letters always feel more intense than they are. It’s all part of the process though.
Honestly, you nailed it. Folks get so stressed about writing those letters, but underwriters have seen it all—late payments, weird blips, you name it. Just be honest and keep it simple. The system’s a bit unforgiving, but it’s not personal... even if it feels like it when your rate jumps over 10 measly points.
