Loan Application Procedures
There are several ways you can apply for a loan at FinAns Federal Credit Union.
Additional Information May Be Needed
The following information will be needed for all application unless you have had a loan with us in the past year.Verification of Income This may be in the form of your last 4 pay stubs. Previous year W2 If you have additional income that you wish to use to qualify for the loan, you must produce approved verification. Note: We only except your previous years income tax return for verification of rental income.
When purchasing a vehicle new or used we must have an offer to purchase from the dealership. For used vehicles, make sure the dealer lists all the extras on the vehicle, it can make a big difference in the amount we can loan. All document may be faxed to us at: 219-844-2540.
New Vehicles are financed at 100% of the purchase price, including extended warranties, dealer preparations, and sales tax.Used Vehicles are financed at 100% of the retail value as listed in the N.A.D.A. Book. (Generally this valuations is higher than that listed in the Kelley Blue Book)