Mortgage LOX Maker: Rent-Free Living Letter
Make your own Letter of Explanation (LOX) for rent-free living arrangements. Document living with family or friends for mortgage applications. Generate instant PDFs for your lender with digital signature capture.
Your Information
Letter Preview
I, {{borrowerName}}, currently reside at {{currentAddress}}. I live in this property rent-free, which is owned by {{ownerName}}.
{{ownerName}} is {{ownerRelationship}}.
This arrangement began in {{startDate}} and will continue until at least {{endDate}}.
{{borrowerName}}
{{borrowerEmail}}
{{borrowerPhone}}
Borrower's Signature: {{signature:borrowerSignature}}
Date: {{signatureDate}}
Owner's Confirmation
I, {{ownerName}}, confirm that {{borrowerName}} resides at {{currentAddress}} rent-free.
Owner's Signature: {{signature:ownerSignature}}
Date: {{signatureDate}}
Tips for Success
- Keep explanations brief and factual
- Attach supporting documentation when possible
- Review all information before signing
- Submit within 48 hours of your loan officer's request
Important Reminders
- All information must be truthful and accurate
- False statements may result in loan denial
- Keep copies for your records
- Contact your loan officer with questions
When To Use A Rent-Free Living Letter
Living with Parents
You're living with your parents rent-free while saving for your home purchase.
Staying with Family
You're temporarily staying with relatives to save money for your down payment.
Friend's Accommodation
A friend is letting you stay rent-free while you prepare to buy your own home.
Caregiver Arrangement
You're providing care services in exchange for free housing.
Property Maintenance Trade
You're maintaining or managing a property in exchange for free rent.
Common Scenarios Requiring Multiple Letters
Rent-Free + Family Support:
- Use this rent-free letter to explain rent-free living arrangements
- Use our gift letter to document any family financial support
- Use our source of funds letter to document income sources
How to Use This Rent-Free Living Letter Generator
Gather Your Information
Collect all necessary details and supporting documentation before starting the generator.
Complete the Form
Fill out all required fields in the generator. The preview will update in real-time as you type.
Review and Sign
Review your letter for accuracy, add your digital signature, and download the PDF.
Submit to Your Lender
Send the completed letter to your loan officer along with any supporting documentation.
Supporting Documents Your Lender May Need
| Document | What It Tells Your Lender |
|---|---|
| Property owner's bank statements | Provides additional verification and context for your situation |
| Utility bills showing arrangement | Provides additional verification and context for your situation |
| Lease or rental agreements (if any) | Provides additional verification and context for your situation |
| Property ownership documentation | Provides additional verification and context for your situation |
| Written agreement (if formal) | Provides additional verification and context for your situation |
Frequently Asked Questions
When will I need a rent-free living letter?
Your loan officer may request a rent-free living letter if your credit report doesn't show rental payments for your current address.
Who needs to sign a rent-free letter?
Both you and the property owner need to sign the letter to confirm the arrangement and relationship.
Does living rent-free hurt my mortgage application?
Not necessarily, but lenders want to see that you can afford regular housing payments and have stable income.
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