Auto Lien Perf. (Pre Close)
This is the website we use to access auto lien perfection forms such as the Title Application and Power of Attorney.
What is the DMV site for the state the vehicle will be registered in?
This is the system we use to send loan closing documents to CPO.
What is ShipExec?
This is how we should always quote loan rates.
This is the first task we should complete once we receive the fully signed VDS loan package.
What is upload the documents through DigiCapture?
This is the type of payoff statement we should ask the client for.
This is the internal U.S. Bank website that helps us with auto lien perfection.
What is the Business Lien Perfection Center?
These are the people that need to be present for a private party purchase loan closing.
Who are the buyer and seller?
The partner we reach out to when a customer needs to finance additional expenses, such as delivery or specialized equipment.
Who is Equipment Finance?
This is the dealership contact we should check in with on the title filing status.
Who is the title clerk?
These are the primary type of vehicle purchases we work with.
What are dealership, private party, and lease buy-out?
This document instructs dealerships where to send our title and how to file our lien.
What is the Dealership Instruction Letter?
What is scan a copy to yourself and save it?
This is who we need to contact to figure out the tax rate/amount for a private party or out of state purchase.
Who is the DMV located in the customer's county?
This is when we should set our follow up call reminder to check on title filing status.
What is one week?
This type of dealership purchase required the bank/banker to be primarily responsible for the titling process.
What is an out of state purchase?
This document helps us if we run into a name discrepancy during the titling process.
What is the Statement of in the Same?
When we finish our loan closing for an in-state dealership purchase, we should send these items with the customer along with the Cashier's Check
What are the original signed title application and a copy of the dealership instruction letter.
When we have a loan exception, this is where we need to add update notes.
What is the Loan Exception Dashboard?
When we are working with a private party purchase, this is what we need to do with the cashier's check for taxes and fees.
What is send it to CPO with your lien perfection documents?
When refinancing a vehicle, this is the key information we need to know if the state will consider the transaction taxable.
When working with a private party purchase, these are the key items we need from the seller.
What are the copy of the title/registration, seller ID, and contact information?
What is the Cashier's Check for taxes and fees?
This is where you can find information such as documents received by CPO or correspondence sent to your client involving a loan exception.
What is LDRS?
When working with an out of state purchase, this document/process is something the customer needs to get completed ASAP once they are in possession of the vehicle.
What is the VIN inspection?
These factors directly impact your client's maximum loan term, and LTV.
What are the credit grade, vehicle class, and vehicle age?