- PROOF OF INCOME: You are required to show proof of your
sources of income. If applying jointly, you must show proof of both
incomes. Copies of payroll check stubs, W-2's and/or income tax
returns are acceptable.
SELF-EMPLOYED: You must provide a year-to-date statement of
income and expense and copies of your last two years' income tax
returns.
MARRIED COUPLES: You are required to file jointly on all
applications. You may qualify for and obtain credit in your own name,
but you will be held responsible for all debts held by the marital
community.
- NEW VEHICLES: You need to bring
or send a copy of your purchase offer
from the dealer. Our loan officer may be able to show you ways you can
save money on your purchase even after you have decided on a particular
auto. We can provide you a free computerized quote of the retail and
dealer invoice cost of any new car, pickup or van.
- USED OR PERSONAL VEHICLES: If
you are purchasing or pledging vehicle with a title you need to
submit the year, make, model, and serial
number. A used card dealer will supply this information to us. IF you are buying from a private party, You must
provide third party evidence of the condition of the vehicle - either an
inspection report or 2 pictures from opposite corners or the vehicle
showing the license plate. Please verify that you
or the seller has the title or what institution holds the title.
- INSURANCE: You must provide adequate comprehensive and
collision insurance showing the credit union as loss payee. Auto
insurance is available through the credit union for all classes of
drivers. You will be required to agree to Vehicle Single Interest
coverage should you fail to provide insurance or let your auto insurance
lapse.
- COSIGNERS: We accept cosigners & require them to fill out a
separate copy of the application. They must be: related to you, a
Washington homeowner, and a Northland member.
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