VI Update

USVI Public Records

A VI Update Project · Brian LoudenThe territory’s public record — kept public.

Mitigation checklist

Collection
Executive Agency Records
Sub-shelf
VIHFA & Disaster Recovery
Kind
Government Report
Date
2023-08-10
Pages
1
Text
Native Text

VIRGIN ISLANDS HOUSING FINANCE AUTHORITY 100 Lagoon Complex ·∙ Suite 4 ·∙ Frederiksted, USVI 00840 Telephone (340) 772-­‐4432 ·∙ Fax: (340) 772-­‐4002 Email: vihfa@vihfa.gov LOSS MITIGATION CHECKLIST The checklist listed below includes all documentation required for the review and processing of Loss Mitigation request. The failure to return and complete all of the required documents within 10 days will result in an automatic denial and/or immediate referral for legal action to ensure. REGARDING INCOME AND/OR EMPLOYMENT Please provide proof of income from all sources that apply: Four (4) recent pay checks stubs. Stamped copies of the preceding two (2) years Income Tax Return (1040s & W2s). Self-Employed homeowners: stamped copies of preceding two (2) years full schedule income tax return and Year to Date Profit and Loss Statement. …

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Document text

VIRGIN  ISLANDS   HOUSING  FINANCE  AUTHORITY   100  Lagoon  Complex  ·∙  Suite  4  ·∙  Frederiksted,  USVI  00840   Telephone  (340)  772-­‐4432  ·∙  Fax:  (340)  772-­‐4002   Email:  vihfa@vihfa.gov   LOSS MITIGATION CHECKLIST The checklist listed below includes all documentation required for the review and processing of Loss Mitigation request. The failure to return and complete all of the required documents within 10 days will result in an automatic denial and/or immediate referral for legal action to ensure. REGARDING INCOME AND/OR EMPLOYMENT Please provide proof of income from all sources that apply: Four (4) recent pay checks stubs. Stamped copies of the preceding two (2) years Income Tax Return (1040s & W2s). Self-Employed homeowners: stamped copies of preceding two (2) years full schedule income tax return and Year to Date Profit and Loss Statement. Letter indicating weekly allotment of unemployment income and length of time for which it will continue Letter indicating weekly/monthly allotment of disability income and the length of time for which it will continue Statement reflecting award of child support income If other income is received- Please specify ASSETS/LIABILITIES/EXPENSES Copies of two (2) most recent personal bank statements for ALL open accounts Self-employed Homeowners: copies of two (2) most recent business bank statements for ALL open business accounts Documented reason for default including but not limited to copies of disability form, medical bills/doctors orders, unemployment approval letter where applicable Proof of expenses for all borrowers List of debts not included on a standard credit report with substantiating evidence OTHER INFORMATION Completed Financial Status Form Completed Credit Authorization Form with $30.00 check or money order for credit report Please contact the Homeownership Division at (340) 777-4432 on St. Thomas and (340) 772-4432 on St. Croix to schedule an interview with one of our housing counselors. St.  Thomas  Office:  3202  Demarara  Plaza  ·∙  Suite  200  ·∙  St.  Thomas,  VI  00802  ·∙   Telephone  (340)  777-­‐4432  ·∙  Fax  (340)  775-­‐7913