A legal contract that outlines loan terms, disbursements, collateral and obligations between members and CU
What is the loan and security agreement?
The loan amount divided by the vehicle value
What is LTV?
The maximum amount of time an application is allowed in the Post-Funding Queue
What is 2 weeks?
This form must be signed by both the buyer and seller on an auto loan transaction.
What is the REG 262?
Section on the loan and security agreement with the details about the loan proceeds.
What is the itemization section?
Changes in this impacts our Credit Cards, LOCs, and In-Student Loans Rates
What is Prime Rate
Step by step guidance for processing and funding a loan application
What is the task list?
The amount of time provided to secure title on a vehicle when ownership changes.
What is 30 days?
Automated transcript request to verify self employed income when red flags are present.
What is the request for transcript of tax return (4506-t)?
The method to secure collateral on a solar loan
What is a ucc-1 filing?
Must be made prior to receiving services from the CU including funding a new loan.
What is the opening deposit?
Amount of time registration must be valid for to avoid fees.
What is 90 Days?