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Apply for a Tax Advantage Auto Loan

To apply for this type of loan, simply call our 24 Hour Lending Center at 1-800-868-4262 option 1.

Once you're approved, tell the loan officer that you're referred to, that you'd like a Tax Advantage Auto loan. Then, we'll need the following:

  • A completed Property Value Estimate form.
  • A copy of the Warranty Deed for the property being used as the secondary source of collateral.

Once it is determined (which the loan officer will determine based upon the Property Value Estimate), that the property can be used to qualify the loan as Tax Advantage; the loan officer will draw up necessary paperwork and Deed of Trust, and will arrange a date and time with you for closing on the loan.

On the closing date, all persons responsible for the loan and/or listed on the Warranty Deed as an owner of collateral MUST be present to sign.

The loan can then be disbursed three business days from that closing date (One of Uncle Sam's regulatory requirements.), so it's best to plan ahead.

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Members' accounts are insured by the National Credit Union Administration (NCUA) up to $100,000 (IRA accounts are insured up to $250,000). Equal Housing Lender. Penalty for early withdrawal from Certificate Accounts. Rates subject to change daily. Terms and Conditions do apply. » indicates a 3rd party link. © 2008 Coastal Federal Credit Union All rights reserved.
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