Is it safe to email loan documents?
Is it safe to email loan documents?
Documents also need to be sent to customers securely. The mortgage company has control over this and should strictly follow good practices, both for the customers’ safety and to be on safe legal ground. Lenders should never send sensitive documents by email.
How long does it take for lender to review documents?
Mortgage lenders have different ‘turn times’ — the time it takes from your loan being submitted for underwriting review to the final decision. The full mortgage loan process often takes between 30 and 45 days from underwriting to closing.
What does it mean when a loan is sent to processing?
Loan is submitted to processing The Mortgage Consultant collects and verifies all documents necessary to prepare the loan file for underwriting. These documents provide us with everything that we need to know about you (the borrower), and the property you are financing.
Is it okay to send bank statements via email?
Alternatively, just be sure account numbers and sensitive information are not on the documents you are sending. Most bank statements these days, are prepared in a manner that makes them safe to email. Financial statements rarely have anything that would jeopardize your personal security or business.
How do you format an explanation letter?
The key to writing a great letter of explanation is to keep it short, simple and informative. Be clear and write with as much detail as you can since someone else will need to understand your situation. Avoid including irrelevant information or answers to questions the underwriter didn’t ask.
How do you write an explanation letter?
Tips for writing an explanation letter
- Give precise details of the situation or circumstances.
- Describe the facts that resulted in the current situation.
- Be truthful so that you may not find yourself in a difficult position.
- Provide supporting documents if they are available.
- Describe what you will do to make the correction.
How do you send personal information via email?
Send messages & attachments confidentially
- On your computer, go to Gmail.
- Click Compose.
- In the bottom right of the window, click Turn on confidential mode . Tip: If you’ve already turned on confidential mode for an email, go to the bottom of the email, then click Edit.
- Set an expiration date and passcode.
- Click Save.
How do I send bank statement via email?
In many cases, you can download a PDF file of each statement from the bank website, which can be attached to an email message. Alternatively, you could scan a paper copy and attach that. However, be careful about where you send the statement because email is usually not encrypted for security.
How do you write an email about a mistake?
The Elements of a Good Apology Letter
- Say you’re sorry. Not, “I’m sorry, but . . .” Just plain ol’ “I’m sorry.”
- Own the mistake. It’s important to show the wronged person that you’re willing to take responsibility for your actions.
- Describe what happened.
- Have a plan.
- Admit you were wrong.
- Ask for forgiveness.
How do you write an explanation email?
Tips
- Start with Dear and the person’s title and name.
- Say what the problem is first. Then, give more details.
- Make it short and clear. Just include the most important information.
- Say Thank you for your understanding at the end. It shows that you hope the reader will understand your problems.