Start by checking your rate here. If you qualify, you’ll receive two loan options – a 3-year term and a 5-year term. You’ll find out how much you’ve been approved for, your interest rate and your fixed monthly payment and you can select the loan that suits you best.
You’ll then need to answer a few questions about your identity, providing proof of income, and verifying your bank account.
For proof of income, you can upload or email us your two most recent paystubs. Feel free to take a photo if that’s easier. (No paystub? You can submit the Notice of Assessment from your last two tax returns instead.)
To verify your bank account, we use VersaPay, a leading provider of payment solutions. You’ll create a VersaPay account and input your bank and branch (transit) number. To ensure that the banking information you added is correct, a small amount will be deposited and credited to your bank account and an email will be sent when your account is ready to be verified. This can take 1-3 business days.
When the proof of income and bank verification is completed, we’ll email you so that you can review and accept your loan documents. We’ll then deposit the funds directly into your bank account.