How to Apply for a Loan

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There are 2 simple steps to applying for a loan:

  1. Fill out a loan application.  Our loan application is a short 2 page form that needs to be filled out.  If there is a co-signer, they will need to fill out the right side of the front page.  Then both the borrower and co-signer must fill out the back portion.  Be sure to sign and date the back. 
  2. Supply proof of income.  There are several different forms to use as proof of income.  The most common is a copy of a recent pay-stub.  You can also use a copy of last years 1040 tax form.  If you are retired or disabled, we can use a copy of your statement showing your direct deposits.   If you are self-employed, we will require 2 years of 1040 tax forms and a copy of schedule C.  We may also require a current financial statement.  If there is a co-signer, they must provide proof of income as well.

You can mail, fax, or drop off the loan application and proof of income to our office.  Once the loan is approved, we will need an original signature on the loan contract before a check can be disbursed.

Please supply us with a purchase agreement when applying for a vehicle or recreational vehicle.

If you have any questions, please give us a call or stop in.

                                            

   Send mail to chadronfcu@chadronfcu.com with questions or comments about this web site.    Last modified: 07/26/06