How to get a loan remotely with Sunova – ft. Cora King

May 20, 2020

Hey guys – Cora here. I’m an Associate at our Selkirk branch.

A question I get asked a lot, especially during all of this COVID-19 craziness, is if it’s possible to get a loan remotely with Sunova Credit Union. And the answer is quite simple: Absolutely!

In just five easy steps I’m going to teach you how to get a loan remotely. Let’s get started.

Step 1: Give us a shout

The first step on how to get a loan remotely is to get in touch with a lender, either by phone or email. Whether you live in Winnipeg or Whitemouth (or somewhere in between) you’ll be able to begin the loan process in a simple and easy manner.

Step 2: Gather all the necessary information

During a quick chat or email exchange, we’ll first need to know what type of loan you are looking for. Some examples include a car loan, consolidation loan, RRSP loan, or a line of credit. Once we’ve determined that, we’ll need you to send us some information and documents. Your lender will go over exactly what this will be but could include income confirmation, statements, and personal identification. You can send this information by email or fax.

The best part is in most cases, you don’t even have to scan the documents. As long we get a clear photo of the required information, we will be good to go prepare the loan.

Step 3: E-sign the loan document

You might be thinking, “don’t you need my signature somewhere?” and you’d be correct. However, we can do that electronically through something called e-sign.

E-sign is super easy to use. We’ll send you an email with a link that will take you to your loan documents. (Keep in mind that each signor will need a separate email address.) Once you have accessed the documents, the program will prompt you where and how to sign. You’ll be able to complete a signature either by using your mouse or your finger on a touch screen. It even works on mobile devices.

Once you’ve e-signed in all the right spots, the documents will automatically get sent back to your lender to witness.

Step 4: Let us do our magic

I won’t get too much into detail here, but once you’ve sent us everything and we have your signatures, your lender and our wonderful member administration department will do a bit of magic (aka paperwork) to process your loan. This, of course, is all based on the approval of your initial loan request.

Step 5: Receive the cheque

The last step on how to get a loan remotely is, simply put, to receive your money. Once everything is signed and the paperwork is complete, we will advance the funds. If you need a cheque for a particular purchase, it will be available for pick-up at your local branch.

Getting a loan remotely – who should take advantage?

Are you a:

• Mom-on-the-go who just doesn’t have time to stop by a branch?
• A senior who wants to stay safe and healthy during COVID-19?
• Someone who values the convenience and ease of doing your banking from home?

Quite frankly, accessing our remote loan services is pretty much for anyone and everyone who is a member of Sunova Credit Union. It’s quick and easy – and you’ll receive the same great service over the phone or by email that you’d receive in a branch.

So, what’re you waiting for? Connect with me (or any of my fabulous co-workers) to get the loan process started.