Dear [Employer's Name], I am writing to request your assistance in verifying the employment details of [Loan Applicant's Name] for a loan application. As part of the loan process, it is crucial for the lending institution to obtain accurate information regarding the applicant's employment status, income, and stability. Your cooperation in providing this information is greatly appreciated. Please find enclosed a Virgin Islands Sample Letter for Employer's Verification on Loan Application form. This form contains several sections that require your input. Below, I have outlined the different types of verification letters related to the Virgin Islands and their specific requirements: 1. Virgin Islands Sample Letter for Employer's Verification — Full-Time Employment: This letter is intended for employees who work on a full-time basis in the Virgin Islands. It will require you to confirm the applicant's job title, start date, current employment status, and their gross monthly or annual income. Additionally, you may be asked to provide any details related to bonuses, commissions, overtime, or other forms of compensation. 2. Virgin Islands Sample Letter for Employer's Verification — Part-Time Employment: If the applicant is working part-time in the Virgin Islands, this letter template will require you to verify their part-time employment status, average number of hours worked per week, start date, and gross monthly or annual income. You may also be asked to provide any relevant information about the applicant's compensation structure. 3. Virgin Islands Sample Letter for Employer's Verification — Self-Employment: This specific verification letter is targeted towards individuals who are self-employed in the Virgin Islands. You will need to provide details about the applicant's business name, type of business, start date, current operational status, and average monthly or annual income. Supplementary information on profit and loss statements, tax returns, or any additional documentation related to the self-employment may also be required. In each of the above letters, the lending institution may also request information related to the applicant's employment history, such as previous positions held, duration of employment, and reasons for any gaps in employment. I kindly request you to review the enclosed Virgin Islands Sample Letter for Employer's Verification on Loan Application and complete the relevant sections accurately and truthfully. If you have any questions or require further clarification, please do not hesitate to contact me. Thank you for your cooperation and prompt response in this matter. Your assistance is instrumental in helping us evaluate the loan application thoroughly. Yours sincerely, [Your Name] [Your Position] [Company Name] [Contact Information]
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.