Credit Unions with good rates that accept applicants anywhere within the US?

[Magik9]

Fed Choice told me the only way they fund the loan is to wire funds to the dealership, they can't send you the buyer the funds. Not sure if that is the standard these days. I am not sure what the pros and cons are. Last time I bought a car, 10 years ago, this was an option from many banks I got a quote from.

I think they will wire with your MVPA details right?

 

[Dmys]

Tower FCU process time is very slow..Applied few days back and still waiting

Same here…. Still waiting from them.

 

[Magik9]

Same here…. Still waiting from them.

They said it takes 3 to 5 business days just to process and update.

 

[hybrid>EV]

I think they will wire with your MVPA details right?

I don't know. She sent me the docu sign stuff and this completes the (savings) account. My understanding is once that is done, the loan process (review / funding) starts.

 

[c00sebookpro]

Adding my experience in hopes that it helps others. I went with Adelfi (3.65% for 72 months). Started the process Saturday Dec 3rd, verbally approved Saturday via a phone call an hour later, officially approved Monday Dec 5th at noon. Submitted all paperwork (proof of income, proof of insurance, MPVA, and copy of driver's license) Monday evening. DocuSign available Thursday morning. DocuSign completed Thursday evening. Funds will be wired to Tesla. That was the only option they allowed.

 

[c00sebookpro]

I think they will wire with your MVPA details right?

Your MVPA is available for your to download from the "Manage" section of the Tesla website via a web browser. I couldn't find it in the app, but it was on the website.

 

[Magik9]

Your MVPA is available for your to download from the "Manage" section of the Tesla website via a web browser. I couldn't find it in the app, but it was on the website.

Dealer wants to know the Finance Lender details to send me MVPA.

 

[Happy Hippo]

Adding my experience in hopes that it helps others. I went with Adelfi (3.65% for 72 months). Started the process Saturday Dec 3rd, verbally approved Saturday via a phone call an hour later, officially approved Monday Dec 5th at noon. Submitted all paperwork (proof of income, proof of insurance, MPVA, and copy of driver's license) Monday evening. DocuSign available Thursday morning. DocuSign completed Thursday evening. Funds will be wired to Tesla. That was the only option they allowed.

That’s a long time between the monday and Thursday. They could not do it earlier for the docusign? Good to know!! I had the same experience with them. I applied at 11pm at night with Adelphi, then they called 5 minutes later and approved me on the phone.

 

[c00sebookpro]

That’s a long time between the monday and Thursday. They could not do it earlier for the docusign? Good to know!! I had the same experience with them. I applied at 11pm at night with Adelphi, then they called 5 minutes later and approved me on the phone.

Yeah, I'm not sure why it took so long. I did my last loan with DCU and it only took 2 days. I checked the Tesla app today and I can see Adelfi has already paid Tesla the money.

 

[Litigate28]

Any recommendations for financing if you are buying from a private individual? I'm guessing the same banks but thought I'd ask. Do they just wire the money to the individual?

 

[Magik9]

How to become a member if you are not falling in eligibility creteria for Tower FCU?

 

[hybrid>EV]

FedChoice is asking for Copy of purchase order signed by both yourself and a representative from the dealership. Is that the order confirmation I got when I placed the order? If not, how do I get this?

 

[E-Bunny]

FedChoice is asking for Copy of purchase order signed by both yourself and a representative from the dealership. Is that the order confirmation I got when I placed the order? If not, how do I get this?

Reply back to the number that sent you the VIN or ask your SA. the MVPA will be uploaded to your tesla account or they can email to you.

 

[michaelscarn]

I got 4.53% APR with AdelFi on a 72-month loan. Credit score is a few points under 800. Haven't heard back from Tower...

 

[TesMarley]

FedChoice is asking for Copy of purchase order signed by both yourself and a representative from the dealership. Is that the order confirmation I got when I placed the order? If not, how do I get this?

After you get a VIN you will be able to go the Account on your browser and see the delivery tasks. Just open your eyes and you will see a few documents like Lemon disclosure and MVPA(Motor Vehicl Purchase AgreemenT). this usually is signed by the seller, you can send that to your Credit Union. if you don’t see one send a text to the 510 and they will send you one. The 510 is your friend for all questions.

 

[patark]

Tower FCU process time is very slow..Applied few days back and still waiting

Tower told me 3-4 days.

Also fyi for anyone wondering their max loan amount for vehicles is 100k

 

[Magik9]

Tower told me 3-4 days.

Also fyi for anyone wondering their max loan amount for vehicles is 100k

I am still waiting applied on 6th,,,,not sure when they will look into it.

 

[Dmys]

Tower told me 3-4 days.

Also fyi for anyone wondering their max loan amount for vehicles is 100k

Tower told me 4-5 business day per Monday due to large volume of loan applications… no rush though since Tesla hasn’t scheduled my delivery date yet just a range 12/20-12/29.

 

[c00sebookpro]

Tower told me 4-5 business day per Monday due to large volume of loan applications… no rush though since Tesla hasn’t scheduled my delivery date yet just a range 12/20-12/29.

We have the same EDD and are probably both picking up from the same location (Glenwood Ave). My date was originally 12/25-12/31 and recently changed this past Saturday. If you wouldn't mind, let me know when you get your notification to schedule pickup and I will do the same.

 

[Dmys]

We have the same EDD and are probably both picking up from the same location (Glenwood Ave). My date was originally 12/25-12/31 and recently changed this past Saturday. If you wouldn't mind, let me know when you get your notification to schedule pickup and I will do the same.

Sounds good! Hopefully we’ll hear this week