CODE
Comments From Credit Analyst
Multiple approvals for this applicant. First contract in-house funds.
POI waived for application (unless income is from a non-W2 source or amount financed is greater than $40,000. If so, must prove income as stated).
PROOF OF RESIDENCE AND PHONE WAIVED FOR APPLICATION
$295.00 fee for mileage/term extension
Vehicle Age, Loan to Value, Front End Advance, Down Payment meet(s) program guidelines
Dealer submitted APR too low for approval
Please remember to submit warranty, doc fee and GAP amounts when applicable
(1) Use factory wholesale for LTV. Kelly Blue Book limited to AZ, CA, CO, ID, MT, NM, NV, OR, UT, WA and WY.
All approvals are subject to verification. Contract purchase is subject to satisfaction of stipulations and receipt of all documentation as specified in Capital One Auto Finance program guidelines.
Important! If income or any other component of the application changes, you MUST call Capital One Auto Finance with updates to avoid potential material changes in terms of approval at time of funding. To update your application, please call 800-945-9875.
ALL APPROVALS MUST BE SUBMITTED TO CAPITAL ONE WITHIN 30 DAYS OF THIS NOTIFICATION
Here is one of my approvals where they waived POI, provided the customer qualified.