This loan offers a distinct advantage over dealer financing, with low rates, simple interest and no prepayment penalties. New Vehicle loans offer up to 100% financing including tax, license, and warranty to qualified borrowers. La Loma now offers a Second Chance Loan. In the last 90 days, if you financed a NEW vehicle with a dealer, La Loma will assist you in transferring your loan to the credit union. A GREAT OPTION, PAYMENTS CAN BE RECEIVED BY DIRECT DEPOSIT; No more monthly hassles of sending off that payment to the dealers’ credit corporation.
Used Vehicle loans now offer competitive terms and rates making a used vehicle purchase more attractive than ever. When purchasing your used vehicle through a dealer, La Loma can finance up to 100% of purchase price including tax, license, and warranty. On private party purchases, La Loma can finance up to 100% wholesale Kelley Blue Book. Before your final purchase is made, be sure to use La Loma’s Kelley Blue Book resources to get the true value on any used vehicle you may be considering.
La Loma offers loans for new and used Motorhomes, Fifth Wheels, Trailers, Campers, and Street Motorcycles. Contact a loan officer for complete details. All vehicle loans can be pre-approved before shopping and finalizing your purchase. Pre-approvals are good for 60 days; this allows you to shop at your leisure and is a great tool when negotiating with a dealer.