Activity Codes
Outgoing Call to Home spoke with Applicant
OCHA
A paystub must be dated within how many days?
45 days
To minimize typos, do this:
copy/paste
What are the basic vehicle requirements?
10 years old or newer
Outgoing Call to Verification Source, info verified
OCVV
EATPI
What is the address type needed to use Empath as verification?
Physical or Residential
Check this tool for income
TALX
What is the maximum auto loan amount?
$50,000
Note unrelated to action on the deal; administrative, or Incoming call from unauthorized 3rd party or dealer
An acceptable document(s) for a SE applicant:
bank statements
The POR document does not indicate an apartment number:
When the CP and CBR account number does not match.
Conference Call
What if I want to remove someone from the title?
Contact your local DMV
This stops the application from being funded until the MGRR task is cleared.
DNFD
Time of employment needed to complete YTD calculation.
90 days or 82 with 8-day tolerance
If the applicants have co-mingled credit and there is no concern the applicants are parent and child:
You're in luck!
FREE POINTS ♥
This represents the total amount of interest you will pay over the life of the loan based on the Annual Percentage Rate (APR), amount financed, and term
Finance Charge
Return Request processed
RTRN
Which calculation will we use for a 1099 contractor paystub?
YTD
Code to use when CLO displays PO Box error message
POBX
What is the process when LH advises the customer is not on the loan?
Call the customer and advise unable to move forward, then send to fraud.
When will my first payment due?
at least 21 days after the contract is received and no later than 52 days after the loan is funded.