How would I write a credit reference letter?
Thursday, December 25th, 2008 at
10:42 am
thehousemedic asked:
I own several properties and one of my tenants have asked for me to write a credit reference letter stating that his “account” is in good standing. It is, he needs this to obtain a mortgage and since I do not report to the credit agencies the loan officer has requested a letter from me stating this. I have been all over the net to write up something nice, professional and business like to state this. I have never had to do this before for a tenant, and since my tenant does not have a lot information on his credit history, he needs some additional credit references. Either a web site that would give some examples would be great. I could not find anything on microsoft word, or I may not have been using the correct wording to look this item up.
Everytime I try to type something up it sounds kind of bad. I need a template of some sort.
Global M,
I found this on the web earlier and it is way to indepth for what I want to do. I want to keep it simple but sound professional.
I own several properties and one of my tenants have asked for me to write a credit reference letter stating that his “account” is in good standing. It is, he needs this to obtain a mortgage and since I do not report to the credit agencies the loan officer has requested a letter from me stating this. I have been all over the net to write up something nice, professional and business like to state this. I have never had to do this before for a tenant, and since my tenant does not have a lot information on his credit history, he needs some additional credit references. Either a web site that would give some examples would be great. I could not find anything on microsoft word, or I may not have been using the correct wording to look this item up.
Everytime I try to type something up it sounds kind of bad. I need a template of some sort.
Global M,
I found this on the web earlier and it is way to indepth for what I want to do. I want to keep it simple but sound professional.
Thank you
Tagged with: Credit Agencies • Credit Reference • Credit References
Filed under: Credit
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The only thing you can truthfully attest to about your tenant is that he pays his rent on time.
Just a short statement stating when your tenant moved into your property, how much his rent is, and that he has never been late on his rent should do it.