Your first car. It's a rite of passage that brings newfound freedom and responsibility. We want to help you with this vital first step — even if you have limited or no credit history. Choose from a variety of terms and get the financing that fits your monthly budget. All you have to do is meet a few requirements designed to ensure long-term success. It's a win-win — you get to drive your own auto as you build or rebuild your credit!
First-Time Car Buyer Program
Let our lenders guide you through the process!
- Get financing for your first auto
- Competitive interest rates
- Flexible repayment terms
- Build your credit on your own
- To qualify:
- Must be 18 yrs. or older; if younger, a co-signer is required
- 6 months of consistent income with current employer
- $1,000 minimum monthly income
- Financing no more than 50% LTI (loan-to-income)
- DTI ratio 40% or less (debt-to-income)
- Vehicle cannot be older than 10 yrs.
- Minimum $500 cash down
- Proof of current auto insurance
- Payroll deduction or share transfer available and encouraged
- Locally handled loan process from start to finish
- Friendly, knowledgeable loan advisors
- Customized service from a staff committed to your success