First-Time Buyer Program

let us help you get your first car

Weber Credit Union wants to help you get a loan for your first car and start developing good credit habits. To qualify for our First-Time Buyer program, you must meet the following requirements:

 

Applicant Must

1. Be between the ages of 18-25

2. Be employed with the same employer for at least two years

3. Meet current debt-to-income ratios

4. You cannot have previously financed an auto in your name

5. No derogatory credit

 

Terms of the Loan

1. The loan must be for $8,000 or less

2. The interest rate will be the current "E" rate

3. The term of the loan will depend on the year of the auto

4. The loan-to-value will not exceed 70%

5. No cosigner is required on the loan

6. Must have an established Direct Deposit or ACH deposit with our credit union.