Mortgage Letters

What is a Mortgage Letter?

A Mortgage Letter is written by your accountant, at the request of a lender, to verify information you have provided on the status of your small business / self employment and your relationship with the accounting firm.

In submitting a mortgage letter, Smith and Lovell CPAs is legally affirming that all information in the letter is true and potentially can become liable if the loan defaults.

Our basic fee for this service is $100, but may increase depending on the complexity of the letter.

To request a mortgage letter, have your loan officer send a draft of the basic letter they are requesting. Smith and Lovell, CPA's will redraft the letter, including all pertinent information, and return a signed copy to your loan officer.