Across
- 4. Payoff checks should reflect a 10-day period. This will ensure the check is received and posted before additional interest accrues. What is the daily interest fee called?
- 6. CFPB stands for: (relating to financial institutions)
- 9. Disclosing rate/term/loan payment/loan amount/due date during the closing process keeps us in compliance with which Regulation?
- 13. This loan type is no longer an option, but was grandfathered in. The Personal LOC took its place.
- 15. If an application has less than 1-year of work history. What could you ask for to minimize the possibility of the application getting denied or delayed in getting a decision.
- 16. This loan applicant’s credit score is not used to determine the rate.
- 17. Applications are good for 30-days based on what date?
Down
- 1. NCUA stands for: (relating to financial institutions)
- 2. Leslie’s favorite Christmas character.
- 3. This ensures that DCCU will receive the title and show as part owner of the vehicle.
- 5. Must be current coverage. It cannot be future dated nor expired.
- 7. Age is important to know before offering Payment Protection, what is another key component to know.
- 8. This Disclosure provides rate/term/loan payment/loan amount/due date/total interest for the life of the loan.
- 10. Can only fund new collateral, cannot be used, must be purchased thru a dealer.
- 11. Anyone under the age of 21 must have this type of loan entered by a Loan Consultant.
- 12. should all ‘stipulations’ be satisfied and checked before sending applications to the CLOSING queue?
- 14. In MLC, if you click this button, it will pull information from Symitar into the application and capitalize the member’s name and address, ensuring a professional look and accurate member detail.