Vehicle Loans
Your path to your new vehicle in 2 easy steps:
Locate your new or used car now!
Submit your loan application!
A Family 1 Loan Officer will be calling once we receive your online application.
Whether it is time to upgrade to a new, fuel-saving vehicle, trade up to a van or SUV to hold your ever-growing family, or purchase your first vehicle, Family 1 has great vehicle loan rates and terms to help you out.
We offer a variety of rates to suit your particular needs. When you shop and compare our rates, you’ll see we can save you hundreds – even thousands – of dollars over the life of your loan.
Get pre-approved and call us for the value of the vehicle you’re interested in before you shop. We’ll help you get the best deal possible! You can even apply online!
Has someone offered you a better rate? Before you sign on the dotted line, call us first – we’ll always try to meet or beat that rate. And, when we get your business, you are supporting your own credit union – not someone else.
New or “New-to-You” Vehicles
We offer terms up to 72 months and up to 100% financing including tax, license, documentation fees, extended warranty/MBI and Gap Coverage.
Tax Advantage Auto Loans
Enjoy the tax advantages of a real estate loan — in a consumer loan– without the usual costs or hassles associated with a mortgage.
How It Works: A Tax Advantage Loan offers the tax benefits of a mortgage without the hassles. This is because it is secured by personal property — such as a vehicle or savings — and by real property (your home). The security requirements for the loan must be satisfied entirely by the personal property financed. As a result, you do not have to obtain an appraisal, title search, nor additional insurance on your home. You gain the benefits of a real estate-backed loan without the costs and hassles.
Tax Advantages: Tax Advantage Loans are real estate-backed loans and we report the interest you paid on the loan to the IRS each year so that you can claim your deduction. Please consult your tax advisor or the IRS to determine exactly how much a Tax Advantage Loan will benefit you.
Acceptable Security: You may purchase or refinance a car, truck, RV, boat or airplane – or borrow against your savings. In all cases, the value of the personal property must satisfy our collateral requirements entirely on its own.