Policy
The max LTV allowed to finance for used autos.
What is 120%?
The email public folder that tracks initial and completed loan disclosures.
What is Loan Sign?
No credit pull loan with collateral secured by shares or certificate
What is share secured signature loan?
Loan type for applicant purchasing a vehicle from a business that sells car at retail value
What is a dealership purchase?
A credit report for consumer loans can be used within
What is 30 days?
The max LTV allowed to finance for new autos?
What is 130%?
The email public folder that receives notification for auto draft check processing, branch notifications, and department questions or request for research.
What is =consumerprocessing?
Credit pull loan with collateral secured by savings share
What is platinum prime visa secured loan?
Loan type for applicant purchasing a vehicle from an individual
What is a private party purchase?
Valuation source for a new auto loan
What is purchase order, window sticker or dealer invoice showing MSRP?
The max LTV allowed to finance for used autos over 10 model years?
What is 100%?
The email public folder that receives 3rd party document submissions including faxes.
What is =loanprocessing?
Maximum unsecured limit that Belco will allow members to owe the credit union
What is aggregate total of $30,000?
Loan type for applicant paying off a loan at another lender
What is an external refinance?
Valuation source for used auto loan
What is online valuation source as approved by VP Lending?
The credit score or above in which proof of income is not required unless requested by the Underwriter.
What is 650?
The system that employees use for internal and external phone communication?
What is Mitel Connect?
Non-credit pull loan designed to help members who need a small dollar loan to carry them until they receive their next paycheck
What is a better choice loan?
Loan type for applicant borrowing funds with their own collateral
What is free and clear title?
The following information are the insurance requirements
What is name/address of the insurance agent, policy number, policy expiration date, and listing Belco as loss payee?
Any consumer loan approved with a DTI ratio in excess of 50% will be reviewed by.
What is an Underwriting Supervisor or above?
The system that allows Lending employees only to communicate instantly in writing with members.
Unsecured loans that are included for the 30k max limit
What is signature loan, lines of credit, and visa platinum prime credit card?
Loan type for applicant buying vehicle from financial company or dealership?
What is a lease buyout?
Exceptions to obtaining credit reports for consumer loans can be made by
What is the Underwriting Supervisor or higher?