LOANS AND CREDIT APPLICATION PROCESS

Applying for a loan is easy with the NYU Federal Credit Union!     

Please note all loans other than Student Loans, do require that you first establish membership. Once you complete the online loan application, please see below a list of the documents required for each loan type.

Not yet a member? Check your membership eligibility hereReady to join us? Click on the button on the right.

 

TYPE OF LOANFEEREQUIRED DOCUMENTSLOAN SPECIFICPLEDGE AT FUNDING

Personal..$25

Last two paystubs

W2 for the past year

OR

Last 6 months of bank statements

Last two years of tax returns

AND

Reference Form 


 

10%

Vacation/Holiday$25 

Bill Consolidation$25      Copies of bills for consolidation

Visa Classic/Gold Credit Card

$25, waived with balance transfer

Credit card agreementBalance transfer form (if applicable)

Visa Secured Credit Card  $25Credit card agreementPledge of Shares Agreement125%

Auto Loans                        $25, waived if refinance

Bill of Sale or Purchase agreement prior to funding, (not required for pre- approval), Statement from current lender, if refinance, and Title

5%

Motorcycle, Boat$25                                Bill of Sale or Purchase agreement prior to funding, (not required for pre-approval), Statement from current lender, if refinance, and Title10%

Share Secured$25 105%

Credit Builder$25 100% of disbursed

Life Happens$25Must list supervisor's contact information on Reference form 

Quick CashBased on amount  

 

 

You may submit documents by email, fax, mail or dropping them off at our branch or submit them through the Loan Submission Page. All contact information can be found by accessing the Contact Us link on top of the navigation. Once all documents have been submitted, you should receive an answer regarding the application in 3 to 5 business days.

 

Must provide proof of consistent employment and be employed with current employer for last six months. Credit history, as well as debt obligations are reviewed to determine eligibility for loan applications. All applicants must be members of NYU FCU.

 

For mortgages, home loans and business loan, the application process does vary. Please contact the NYU FCU, for instructions on applying.

 

For student loan applications or student loan consolidation, please visit the student loan or student loan consolidation loan page on the left navigation menu.