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Geez. I applied the 25th and when I called today she said they were in the process of approving those of the 23 todayApplied for membership on 1/17 and finally got the account approved today.
My Tower loan agent said that they could mail to me or Tesla but most people have it mailed to Tesla. She sent me an email with the FedEx tracking and a picture of the check with the vin on it and Tesla was satisfied with us forwarding them the tracking and photo.does Tower send the check directly to Tesla or mail you the check? If electronic payment an option? I am just worried that after VIN assignment, I may no have enough time to receive the check. I am pre-approved and waiting on VIN assignment to upload requested documents.
Do you have a membership yet? Getting pre-approved is the easy part.I applied with Tower on 1/23 and got approved on 1/28. They did great with turnaround time for being so busy. I don’t know if being a local MD resident makes a difference.
Now waiting for the car EDD begins.
Being an MD resident definitely did get you special attention.I applied with Tower on 1/23 and got approved on 1/28. They did great with turnaround time for being so busy. I don’t know if being a local MD resident makes a difference.
Now waiting for the car EDD begins.
I have donated already, but thanks for the reminder, haven’t gotten the membership yet. I will do that asap.Do you have a membership yet? Getting pre-approved is the easy part.
I am not a qualified CPA so would recommend you speak to your CPA discussing your specific situation and circumstances, as this will all factor into whether you can qualify for it or not, and for how much. It may be the case that it would be better for your to pursue it under the consumer rebate program.Could you please explain how making the car a business purchase qualifies you for the $7,500 credit even after they define how the credits work? I could be in a similar situation. Thanks.
I don't think so.Being an MD resident definitely did get you special attention.
I thought the post that I was responding to was a question, but now I realize it wasn't.I don't think so.
Did you have to provide income verification for the loan approval?Called Tower this morning to request my membership application be expedited and they said that is not possible. I applied Jan 24, and they said they will likely review it tomorrow or Wednesday, 2/8. My delivery is scheduled for 2/11. Hoping it all works out, or gonna try to get Tesla to hold on delivery since I'm so close on getting this loan done. Already have conditional approval.
I know I am cutting it too close. Got membership 2/3 (applied 1/22) and loan is in approval pending for few days now. Can’t get hold of anyone at Tower to get loan approved and funded.Called Tower this morning to request my membership application be expedited and they said that is not possible. I applied Jan 24, and they said they will likely review it tomorrow or Wednesday, 2/8. My delivery is scheduled for 2/11. Hoping it all works out, or gonna try to get Tesla to hold on delivery since I'm so close on getting this loan done. Already have conditional approval.
You will most likely need to get funding directly with Tesla for now.I know I am cutting it too close. Got membership 2/3 (applied 1/22) and loan is in approval pending for few days now. Can’t get hold of anyone at Tower to get loan approved and funded.
Delivery is tomorrow
I agree. Thankfully, Tower can easily flip the loan to a refinance and the rates are the same, so you can use Tesla or anyone else for financing and then move it to Tower after the fact.You will most likely need to get funding directly with Tesla for now.
Tesla told me that the check needs to be at least in transit for them to release the car.
Unless by a miracle, you can get the loan finalized and the check sent out today with Tower.
Wow - you were 3 days after me and got itFinally got my loan approved by Tower today! Membership took the longest..applied on 1/25, got through all the docs and approved on 2/2.
Did you have to provide income verification?Finally got my loan approved by Tower today! Membership took the longest..applied on 1/25, got through all the docs and approved on 2/2.
Calling customer service a few times probably helped move it along. But those wait times...Wow - you were 3 days after me and got it
I did not.Did you have to provide income verification?