Processing
Processors are expected to reach out to applicants in this time frame
What is Within the Hour?
Name 6 out 12 U.S. states where members do not hold their vehicle titles directly.
What are Arkansas, Kansas, Kentucky, Maine, Maryland, Michigan, Minnesota, Missouri, Montana, New Jersey, South Dakota, and Wyoming?
When dealerships are unresponsive on Indirect applications, funders are instructed to reach out to this person.
Who is Karen?
This ratio helps underwriters measure whether a member can afford the loan.
What is DTI
These three words represent Frontwave’s core values.
What are Passion, Innovation, and Excellence?
3 Dealerships that are listed on our Dealer Watchlist
Who is Outlet Motors, Dream Machine, Carbuy?
These requests are important when processing CA Change of ownership on registration or for Private Party Purchases in CA
What is Trivin
Once sent, members have this long to sign their loan documents before they expire.
What is 48 hours?
This term describes the list of conditions a member must satisfy.
What is Stipulations?
These two team member served in the Military
Who is Luis and Colt?
Click this to place an application in "Referred" status if available
What is "Select Product" or "View All Products"?
This type of loan cannot be processed at the branch level.
What is a Solar loan?
When collecting two paystubs, the dates must be within 30 days of this.
What is Date of Application?
Frontwave will not grant loans on this Excluded Collateral.
What is Fisker – all makes and models?
Name one of the three strategic initiatives
What is Engaged Talent, Financial Performance, or Member Loyalty?
This must always be answered prior to funding and was created to help lessen rework in Underwriting
What is Variance question?
Branches that can instant-issue a credit card.
ALL
This team member named her dog after a character on Top Gun
Who is Erin?
This is the max term for a cash out refinance.
What is 48 months?
Percentage of loan applications approved that actually close and fund.
What is Pull through ratio?
Frontwave Credit Union’s branded auto shopping platform that allows members to search millions of new and used vehicles, compare pricing, and connect with dealerships while keeping their financing with Frontwave.
What is Autosmart?
I won beach volleyball state champ in junior college
Who is Dri?
Due to the variances between scoring models, Frontwave will allow a rate match on Indirect Auto Loans only
What is Tier Bump?
Of the 5 C’s of credit, a member’s willingness to repay their loan represents this “C.”
What is character?
This country has won the FIFA World Cup a record five times, more than any other nation.
What is Brazil?