✯ Valid driver license or identification card
✯ Proof of income
1- Gross wages
2- Taxes, deductions, and contributions
3- Net pay
Please refer to the accepted pay stub below (sample)
✯ Proof of any additional income (if any)
It is case by case. For the required documents, please contact us.
✯ Proof of residency
Any two of the following documents show name, address, and period of service less than 40 days old (Driver license may be used as one of these two documents if it shows your current address)
*(online statement of any of the above is accepted as long it shows the name, address, and period of service)
✯ Proof of auto insurance
A valid insurance card must be on hand at delivery. The insurance for the vehicle you finance must be full coverage with a minimum deductible of $500 Collision & $500 Comprehensive.
✯ Landlord information (if any)
Landlord name and phone number.
✯ Last month checking or saving bank statement (Applies to some lenders)
It is not mandatory but it helps you get a better deal. It is required if you claimed that you have an account in your application. The bank statement must be the actual statement that is closed every month shows the bank logo, your name, and address (not transactions sheet)
✯ Bank routing number (if any)
It is more convenient to sign ACH (Automated payment). It is not mandatory. If you choose to do so, a bank account number or DR/CR card is required.
Note 1: Same documents are required for the co-applicant if any.
Note 2: These are the standard requirements but they may be slightly different in some cases.
Accepted pay stub must include
The benefits of signing an automated payment (ACH)