First-Time Car Buyer Loan
Apply Now
We'll Help You Buy Your First Vehicle
We want to share in the excitement of your first car buying experience. If you have very little to no credit, no worries. Our First-Time Auto Buyer Loan offers an easy application process, manageable terms and is a great way to build credit.
Our hassle-free, no obligation Free Car Buying Service will help you find the perfect vehicle. You may also secure financing directly by visiting one of our Partner Dealerships. Our First-Time Buyer Guide will help you navigate the process.
Still have questions?
Schedule a video appointment, call us at 703-788-4800 or visit a branch.
Auto Loan Features
Loan amounts up to $30,000
Flexible terms up to 72 months**
Rate discount for a 90% LTV down payment¹
No hidden costs or early payoff penalties
Easy online and mobile payments
It's Easy to Qualify for the First-Time Buyer Loan
- Must be at least 18 years old
- Must be employed for a minimum of one (1) year
- Proof of gross monthly income (2 most recent paystubs within the last 30 days)
- No more than 13 months of history reflected on credit report and no previous vehicle loans or derogatory credit reported (collections, liens, etc.)
- Used vehicles up to 10 model years
- Maximum mileage of 150,000
*Used Auto Loans 9-10 model years max term 60 months and rates for 36 months priced 0.50% above regular rate, 48 months priced 0.75% above regular rate, and 60 months priced 1.00% above regular rates. Current Apple FCU Auto Loans are not eligible for refinance. Max mileage of 150,000.
More Helpful Resources
