zkmusa
Member
@zkmusa @ummgood :
I just called RBFCU to request an approval letter so I can use that to get Lightstream to match the rate.
But what RBFCU sent me just has the loan amount and date requested, no term or rate. After speaking to them again, they said they don't have anything they can send me that would have that information, they can just tell me verbally.
So, what did you have to send Lightstream to show them the rate and term that you were approved for @RBFCU?
I do have an email stating the rate and term, but that has the following in bold (am afraid Lightstream will use this language to deny the match?):
Thank you for your loan request. Your application has been approved for $xx,000.00 with an Annual Percentage Rate of 1.95% for 66 months with the following stipulations:
- You must become a member of Randolph Brooks by opening an account online or at any of our branches before finalizing your loan. Please note that accounts opened online will take at least 2 business days from the opening date to be processed by our New Accounts Department before any lending products may be established.
Hi KGTES,
This is the exact approval email I used to ask Lightstream for the match. I printed out the email to PDF and sent it as an attachment to Lightstream's initial approval email. They approved the rate match within 5 minutes. I think Lightstream is aware that all credit unions require you to be a member to do business with the credit union, so this is not an issue for the match.