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.
Download and print the application. (Adobe Acrobat Reader is required to download)

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:

If buying from a dealer:

-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.

OR If buying form a private individual:

-A Letter of Intent to Sell

This functions as a Purchase order it must contain the amount the individual is selling the vehicle for, a list of options, Vehicle Identification Number (VIN), The Make, Model, and Year of the Vehicle and the signature of the seller

- Copy of Vehicle Registration or Vehicle Title