Vehicle Purchase Checklist

Proof of insurance requirements:

  1. Proof of insurance. Lienholder must be listed as:
    Total Community Credit Union
    25155 Goddard Rd., Taylor, MI 48180
  2. The driver of the vehicle must be shown as the policy owner and the vehicle insured must match the name on the purchase agreement
  3. The policy must show full coverage and policy dates
  4. Fax/email/text DECLARATION PAGE to the branch before closing. Screenshots or ID cards are not acceptable.

Dealership purchase:

  1. Purchase agreement signed by the member with liencode LH094202 listed
  2. Down payment listed on the purchase agreement
  3. Proof of Insurance with new vehicle listed
  4. Fax/email/text to branch before closing
  5. Proof of insurance.

Private sale purchase:

  1. Proof of electronic title or paper title must be present at closing
  2. We do not finance salvaged or rebuit vehicles
  3. Request a 10-day payoff letter from current lienholder
  4. Bill of sale signed by both parties
  5. Carfax report
  6. Proof of insurance.

Additional requirements:

  • All persons listed on the loan must be present at closing
  • A valid driver’s license is required for all signers on the loan