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Mortgage side uses LOE
Posted by Bear900/CA of CA on 10/5/20 6:36pm Msg #625200
....for Letter of Explanation. From originators to underwriters. So you may see/hear both.

Personally, I never heard the term LOX

http://www.santanderbank.com/us/personal/resources/mortgages/letter-of-explanation-mortgage#:~:text=A%20Letter%20of%20Explanation%20(or,complete%20the%20loan%20application%20process.
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Messages in this Thread
 LOX - Janet Davis on 10/5/20 5:16pm
 Re: LOX = Letter of Explanation n/m -  Yoli/CA on 10/5/20 5:20pm
 Re: LOX = Letter of Explanation - Janet Davis on 10/5/20 5:38pm
 Re: LOX = Letter of Explanation - Clem/CA on 10/5/20 6:43pm
 Mortgage side uses LOE - Bear900/CA on 10/5/20 6:36pm
 25+ years in this biz...never heard LOX before either. - Lee/AR on 10/5/20 6:41pm
 And check what you got to make sure they sent it to you. -  JanetK_CA on 10/5/20 6:50pm
 Re: 25+ years in this biz...never heard LOX before either. - Bear900/CA on 10/5/20 6:50pm
 Re: LOX - Janet Davis on 10/6/20 12:08pm



 
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