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Hi Chopec,

She said I have to write a "letter of intent" and the mortgage broker will review it. I know my broker, and he's a very good guy (worked hard at finding a solution for me and my unusual situation). Can I call him directly, or is that some sort of faux pas? And what goes into a letter of intent? Is there anything I can say to sway them so they'll drop the escrow requirement?

Call your broker without a single hesitation. I'm 100% sure that, in a heartbeat, he'll jump in to help you address the elimination of the impounds with the lenders.

For my good clients I'll do damn near anything. That's part of earning referrals and a good reputation!

Congrats on having a good broker!
Dave Donhoff
Foolish Mortgage Broker
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