The Bank providing the Letter of Credit shall: a. This form must be completed and provided with each new Letter of Credit posted with Land Development.A letter of credit shall be worded as follows, except that instructions in brackets are to be replaced with the relevant information and the brackets deleted. In lieu of the Excise Tax bonding requirements this template may be used to request a Letter of Credit from your financial institution. Mortgage lenders might request a letter of explanation for various red flags that come up in underwriting. Learn how to write one, and download a template. Include a Subject Line: Beneath the date, add a subject line that clearly states the purpose of the letter. For example, "Request for Debt Validation. The letter should explain how and where they can pick up their file and should give a time deadline for doing this. That UMBI to satisfy the Mitigation Credit Purchase Agreement, subject to the terms of the UMBI.