Documents Required
We need TWO of these from the customers current employer
TWO Paystubs
The system the customer can link with
Plaid
Types of incomes we DO NOT work
Contractor/1099, Military, Business Owner
Where do fruits go on vacation?
Pear-is!
We need THESE to show direct deposits from the customers current employer
Bank Statements
A method we use to confirm direct deposits
3-way phone call
TRUE OR FALSE: We accept cash tips on a bank statement
FALSE, we do not accept cash tips since they are not documented/taxable. They must be reported on the paystub. We suggest 3PF
How does the moon cut his hair?
Eclipse it!
TRUE OR FALSE: If the customer previously cancelled a purchase and started a new purchase, we need to request most recent paystubs
TRUE
The final option to do EV
Manual Employment Verification
We accept this class of income but need additional income
Unemployment
What do you call a factory that makes okay products?
A satisfactory!
Name three types of garnishments
401k Loan, Child Support, Bankruptcy, ERS Loan, Alimony, Tax Levy, Student Loans
How long are employment verifications valid for?
35 days, if completed more then 35 days we must complete a new verification
Indicators of a W2 employee (3 items)
How do you follow Will Smith in the snow?
You follow the fresh prints!
Will you accept this document?
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What is required on a Offer Letter? (6 items)
TALK OFF: Customer doesn't budget
-trade in, higher down payment, other sources of income, 3PF, select new vehicle
What do you call a fish wearing a bowtie?
Sofishticated!