Auto and Truck Loan
New or Used Vehicles
- Flexible terms up to 60 months.
- Up to 100% financing available with no derogatory credit. If borrower has derogatory credit, up to 90% financing available if otherwise qualifies, SUBJECT to rate differential
- Maximum age of collateral is 5 years (ex. If current year is 2015, the oldest vehicle eligible for financing would be a 2010)
- Value of collateral as determined by NADA clean retail value (as calculated with correct mileage and vehicle options) or comparable valuation method (ex. Kelly Blue Book) if an NADA value is not available.
- Auto/ Truck loans are available for the PURCHASE or REFINANCE of a vehicle.
- *Customers cannot use the vehicle title to obtain a collateral loan.*