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Before we can process a vehicle loan application we need to receive:
1. A Completed Application (Front and Back)
Including rent/mortgage payment or reasons why the payment is non existent. The purpose must be specific (Example: Personal cannot be used)
Any missing information will delay the application process.
You can download and print the application. but Adobe Acrobat Reader is required.
2. Verification of Income for ALL Applicants for all income listed on the Application
Examples: A Paystub from the current month, a federal tax return, Statement of Social Security or Pension benefits, Child Support Evidence, Rental income evidence, etc.
*If you mail or fax these materials to the office, please call to verify the receipt of the documents.*
Once these materials are handed in, call the credit union office (973-748-8847) 48 hours or two business days after the application is submitted to receive your loan decision. We will then require the receipt of the following items depending on the type of loan you applied for. At the time of this phone call you may also be informed of loan officer counter-offers or additional offers. The documentary obligations must also be met for those offers.
Before making an appointment to close the loan we need to receive the following:
-A Purchase Order From a Dealer
It Must Contain: Vehicle Identification Number (VIN), The Make, Model, and Year of the Vehicle. The Bottom Line Price and the name of the dealer so we can make the check out properly.