Loan Product Reference Guide
Across
- 3. Field under an auto loan which contains VIN, insurance info, and collateral type
- 5. Grace period for PMCU credit cards
- 9. Coverage for total loss claim on a vehicle if insurance settlement doesn't cover the full balance
- 11. 3rd party forced placed insurance provider. Also handles GAP and MBP claims
- 12. Mortgage document that moves a real estate loan to second lien position. This document has a $100 processing fee
- 13. Credit card product that can earn cash back or points for prizes
- 15. Property type also known as non-owner occupied that has stricter HELOC requirements
- 16. Type of line of credit that can be attached to a checking account to avoid courtesy pay fees
- 17. Electronic version of an auto title
Down
- 1. Credit card transaction which incurs a higher interest charge and begins accruing interest immediately
- 2. Loan program for our members who are seriously interested in building or repairing their credit
- 4. Field under an auto loan that contains CPI add-on amounts and other details
- 6. Loan documents are kept in this storage software. Check here before reaching out to Loan Servicing for copies
- 7. Type of auto loan through a 3rd party called Lendpro for credit scores 659 and below
- 8. Indirect loans which are established through a dealership
- 10. Document used if we have already sent out ELT/paper title to the member but they have lost it
- 14. Type of home improvement loan with a due date on the 25th of each month