The length of time at your current place of employment varies by lender. Applying NOW is the best way to find out if a lender will approve you for a loan.
Question:
Will there be any income require?
Answer
Minimum income is typically $1,800 gross per month, or $21,600 annually. Income may come from any of the following sources: "Alimony, Child Support, Rental Property, Salary, Social Security, Retirement, Second Job (verifiable and worked minimum 1 year), Permanent Disability (with award letter), Pension/Annuity, and Public Assistance Income.
Question:
Are there any hidden fees or costs to apply?
Answer
No! There are no hidden fees or costs associated with getting approvals.
Question:
Are there any insurance requirements for an auto loan?
