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PHFA Sample Recurring Cash Contribution Verification free printable template

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SAMPLE RECURRING CASH CONTRIBUTION VERIFICATION To: Date: has applied for residency (or is a resident) at. As part of our processing, it is necessary that we obtain verification of his/her recurring
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How to fill out PHFA Sample Recurring Cash Contribution Verification

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How to fill out PHFA Sample Recurring Cash Contribution Verification

01
Obtain the PHFA Sample Recurring Cash Contribution Verification form from the Pennsylvania Housing Finance Agency website or your housing counselor.
02
Review the instructions on the form carefully to understand the required information.
03
Fill in the primary applicant's details, including name, address, and contact information.
04
Provide information about the source of the cash contributions, such as family members or organizations.
05
Detail the amount of cash contributions received and the frequency of these contributions (e.g., weekly, monthly).
06
Include signatures from both the applicant and the contributors verifying the information provided.
07
Submit the completed form along with any required supporting documentation to the relevant agency or lender.

Who needs PHFA Sample Recurring Cash Contribution Verification?

01
Individuals applying for affordable housing programs through the Pennsylvania Housing Finance Agency (PHFA).
02
Applicants seeking a mortgage who need to demonstrate consistent cash contributions to confirm their financial stability.
03
Borrowers who have family or friends providing financial assistance as part of their housing application process.
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PHFA Sample Recurring Cash Contribution Verification is a document used by the Pennsylvania Housing Finance Agency (PHFA) to verify ongoing cash contributions from a donor, which may assist in qualifying for loan applications or housing assistance.
Individuals who are applying for certain financial assistance programs or mortgage loans through PHFA that require proof of ongoing financial support from contributors must file this verification.
To fill out the PHFA Sample Recurring Cash Contribution Verification, the filer needs to provide specific details about the contributor, including the amount and frequency of the contributions, sign the form, and ensure that the contributor's details are accurately reflected.
The purpose of the PHFA Sample Recurring Cash Contribution Verification is to provide evidence of consistent financial support which can be considered during the loan approval process, thereby enhancing the applicant's financial profile.
The information that must be reported includes the contributor's name, relationship to the applicant, amount of contribution, frequency of contributions, and the total contributions expected annually.
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