Summers
Off
Off
This script creates a new loan with the same monthly payment, interest rate, borrowers, and payment transfer record with the extended term, and prompts for the SA form
ADDPS
24-48 hours
The LTV tolerance for Member's between tiers 1-4, unless stipulated otherwise
110%
Low monthly payments and at the loan maturity date, one bigger payment is due
Monthly Payments/Balloon Option
What type of transactions does not require a DMV checklist to be sent
Refinance from another lender w/o vesting changes
Active school employee, original loan term must be 60 months or less, auto loan must be in good standing
Eligibility requirements
If a Member's ECM payment will not bring the loan current or if there is other loans/CC's affecting the account, where should you transfer the call
Collections
The Credit Union reserves the right to cancel the loan if the transfer of title is not completed within how many days from the date of the draft letter
15
The interest rate for the Certificate-Secured Loan is __ higher than the rate on the Share Certificate
2.50%
Member is going to be funding at the branch, what is the correct work flow
Chat MCCFUNDING to send the appropriate checklist for the auto loan transaction
How many times can a Member revise the summer months
One
Refer SFFCU Mortgage Payments to this third party
Cenlar
Financing guidelines for a Classic Vehicle loan
100% of NADA Average Retail value
True or False: Skip a payment program is available on this product.
False
The extension that is called when all stipulations have been cleared and we determine we are doing the DMV process for the Member
8250
June & July
July & August
August & September
Summer months
Post dated payments up to how many calendar days permitted
7
Features for a First Time Auto Buyer
Loan amounts up to $30,000
Terms up to 60 months
Loan request greater than ___ must be approved by a loan officer
$5,000.00
We determine that the vehicle has: personalized, handicap or specialized plates. What should we advise Member
Member would be responsible to do own DMV paperwork
If there is a collection warning code on a Membership, you must get this before adding Summers Off
Exception
What does ECM stand for
Electronic Cash Management
How many days out can the first payment be pushed for an Internal Auto Loan Refinance
45
True or False: All owners on the share-certificate must be listed as co-borrowers on the loan.
True
When the wait time is more than 2 minutes when calling Consumer Loans, what should you do
Submit a Consumer Loan dispatch