Our FHA loan have be suspended. They needed LOE .What should I explain within the LOE ?
Answers: Why was the loan suspended? Generally a LOE is used to explain derogatory credit. If that's the shield you should explain what happened to create the impossible credit and what you've done or are going to do to correct it. If they don't see any reasons or events that created the doomed to failure credit situation there is potential for the loan to be denied.
I enjoy no idea what you tight by your loan being suspended or by an LOE. If you'd comfort to elaborate, I'll check spinal column.