An advertised APR may not include mortgage insurance costs. If youâll need private mortgage insurance (PMI), the APR is going to increase. Likewise, those APR quotes are for the best borrowers out there. If you have less-than-perfect credit or you need a low documentation loan youâll have a higher APR.
When writing business letters, you must pay special attention to the format and font used. The most common layout of a business letter is known as block format. Using this format, the entire letter is left justified and single spaced except for a double space between paragraphs.
When writing a dunning letter, you want to maintain a strict sense of professionalism, treating the client like an adult and appealing to their better nature for payment. If you look up examples of what banks have done during the foreclosure process, youâll see first hand what not to do.