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I recently got approved for $18000 car loan at 3.99% interest rate. I have received an email from them to submit pay stub and proof of address documents. It also says to submit purchase & sales agreement. I though they mail you a check before actually picking any specific car you want? Thank you for any help.
First off congratz on your DCU loan approval
Yes DCU does require proof of income usally 30 days worth (POI) and yes they do want the Purchase and Sales Agreement with that it is an official record of the vehicle which includes the VIN which is what DCU is looking for but no worries you have 45 days from approval to get that information and you can upload them via their website
I am in the same boat as you my car is getting built at the factory and DCU is waiting for my Purchase and Sales Agreement and once I have that they will send my blank check and BAM new 2017 ride
EX08 801 | EQ08 812 | TU08 805 | Total Credit Line: $100K+ |
@nycplayboy78 wrote:First off congratz on your DCU loan approval
Yes DCU does require proof of income usally 30 days worth (POI) and yes they do want the Purchase and Sales Agreement with that it is an official record of the vehicle which includes the VIN which is what DCU is looking for but no worries you have 45 days from approval to get that information and you can upload them via their website
I am in the same boat as you my car is getting built at the factory and DCU is waiting for my Purchase and Sales Agreement and once I have that they will send my blank check and BAM new 2017 ride
NICE!!!!
Total CL: $321.7k | UTL: 2% | AAoA: 7.0yrs | Baddies: 0 | Other: Lease, Loan, *No Mortgage, All Inq's from Jun '20 Car Shopping |