Loan Documents
Applying for a loan? Here's what you need to submit!
In addition to a completed application, members will need to submit proof of income to apply for most Bay Atlantic FCU loan types.
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Accepted examples include, but are not limited to:
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Your two (2) most recent pay stubs
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Benefit award letters (Click here to view reference sample)
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Pension statement
If you are self-employed, you may submit appropriate tax forms for the last two (2) years, including but not limited to:
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Tax Form 1040 - Schedule C
(Click here to view reference sample) -
Tax Form 1065 - Schedule K
(Click here to view reference sample) -
Tax Form 1120S - (S Corp)
(Click here to view reference sample) -
Tax Form 1099
Applying for a vehicle loan? There are additional documents that may be required!
Depending on your specific situation, there are several documents you may need to submit with your application.
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If you are attempting to finance a vehicle from a dealership:
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You must submit a Buyer's Order from the dealer for the specific vehicle. (Click here to view reference sample)
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If you are attempting to finance a vehicle from a private seller:
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You must provide a copy of the title and complete a Private Purchase Agreement (Click here to view reference sample)
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A blank and printable version of the Private Purchase agreement form is available for your convenience. (Click here to download.)
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If you are attempting to buyout a vehicle you currently lease:
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Lease Buyout Payoff Statement (Click here to view reference sample)
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Lease Buyout Package with Odometer Statement (Click here to view reference sample)
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If you are attempting to refinance a vehicle:
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Refinance - 10 Day Payoff Statement (Click here to view reference sample)
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If you are unsure which document(s) you need to submit, please contact a loan officer at 856-696-2525 ext 6011
