The MVET Way Training Manual

TMMGIC Training Manual

PAGE 4

660 Second Chance Funding Program

DOCUMENTS REQUIREMENTS FOR: W-2 FORM

1099 FORM

*LOAN APPLICATION

*LOAN APPLICATION

*COLOR COPY OF DRIVER LICENSE

*COLOR COPY OF DRIVER LICENSE

(FRONT AND BACK)!!

(FRONT AND BACK)!!

SHOWING CURRENT ADDRESS *SUBMIT SELFIE SHOWING YOU AND YOUR DRIVER’S LICENSE *COLOR COPY OF SSN CARD

SHOWING CURRENT ADDRESS

*SUBMIT SELFIE SHOWING YOU

AND YOUR DRIVER’S LICENSE *COLOR COPY OF SSN CARD

(FRONT AND BACK)!!

(FRONT AND BACK)!!

*COPY OF VOIDED CHECK

*COPY OF VOIDED CHECK

(PERSONAL CHECKING ACCT ONLY)

(PERSONAL CHECKING ACCT ONLY)

*MOST RECENT 2 PAYSTUBS *UTILITY BILL W/NAME AND

*MOST RECENT 2 PAYSTUBS

*UTILITY BILL W/NAME AND PHYSICAL ADDRESS PHYSICAL ADDRESS *2 YEARS MOST RECENT TAX RETURNS-PERSONAL & BUSINESS *COMPLETE FORM 4506-T

!! COPY OF DRIVER LICENSE AND SS# FRONT AND BACK ON SEPARATE PAGES!!

STEP # 5 COMPLIANCE CALL WITH DREAMVISION NATION-scheduled after all documents received, reviewed and accepted. STEP #6 COMPLIANCE CALL WITH UNDERWRITING RESOURCES TO VERIFY INFO AND DISCUSS NEXT STEPS. LOAN DECISION WITHIN 24-48 HOURS. STEP # 7 VERBAL FUNDING AUTHORIZATION/ACCEPTANCE-DISCUSS TERMS AND APPROVED LOAN AMOUNTS. STEP # 8 AFTER APPROVAL RECEIVED, FUNDS ARE DIRECT DEPOSITED INTO PERSONAL CHECKING ACCOUNT WITHIN 7 DAYS. STEP # 9 CLIENT REMITS 15% SUCCESS FEE TO DESIGNATED ACCOUNT VIA WIRE TRANSFER. STEP # 10 CLIENT WILL BEGIN MAKING PAYMENTS 30 DAYS OUT. LOAN STATEMENTS SENT TO ADDRESS ON RECORD.

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