Mortgages
What two states can the home or land be in?
Florida & Georgia
What is the VIS extension?
x2495
How much is the dormant account fee & when is it charged?
$5.00 per quarter (4 months)
#1 - Greet the member in ____ seconds.
5 seconds
What is the minimum credit score for the Business Platinum Rewards Visa
720 min. credit score
Can a mortgage due date be changed?
No.
What platform do you place a VIS/VIA referral in?
Dynamics CRM
How much is a DOMESTIC Wire Transfer Fee?
$20.00
#3 – Use the members name ____ times.
2 times
What is the minimum credit score required for a Business Vehicle Loan?
600 min. credit score
What are the 3 types of properties VyStar will lend on?
Primary Residence
Secondary / Vacation Home
Investment
What constitutes a qualified referral for VIS?
$25,000 of investable asset, and 3 year or longer time horizon for investments
How much is an INTERNATIONAL Wire Transfer Fee?
$35.00
What is #4 of the Unbelievable White Glove Service?
#4 – Confirm the members transaction
What is the minimum credit score required for a Business Equipment Loan?
680 min. credit score
What is the Max LTV on investment properties?
80% LTV
What is required when placing a VIA referral?
The current declarations page for what we are quoting.
How much is a Stop Payment Fee and are ACH stops included?
$15.00 - No.
What is #7 of the Unbelievable White Glove Service?
#7 – Positive Close – “Have we helped you with everything today?”
What is the term for New & Used Business Equipment Loans? (separate answers)
New Equipment: 120 months max term.
Used Equipment: 60 months max term.
What is a Jumbo Loan?
$766,500+
What insurance company do we have a third-party arrangement with for the insurance products?
Brightway Insurance
How much is a Foreign Check Collection?
(Depositing a Foreign Check)
$10.00
Demonstrate all 8 steps in a roll-play with your team.
1. Greet in 5 2. Introduce 3. Use Mbr Name 2x 4. Confirm 5. Wrap up-Confirm 6. Add Value 7. Positive Close 8. Email & Google Survey
Aggregate unsecured business debt to any one member or group of associated members cannot exceed $________.
$500,000