First Time Auto Loan Program
The road awaits. Auto financing to help you start your journey.
First Time Auto Loan Program
It’s time to purchase your first vehicle, and you may be concerned about whether you’ll be approved for financing. For those with little or no credit, Camino Federal Credit Union is here to help with the purchase of your first automobile, truck, or van – up to $40,000. The First Time Auto Loan Program gives approved members 72 months to repay the loan with no penalty for paying it off early.
How does it work? By getting pre-approved for your First Time Auto Loan, you’ll be ready to negotiate the best possible price at the dealership. Make sure your first auto loan experience is a positive one. Enjoy the best rates and flexibility from your trusted loan partners.
What you need for this loan:
- Must be at least 18 years old
- Proof of auto insurance is required
- Minimum 12 months of employment with present employer or 3 years employment in same industry
- No previous automobile credit
- Model 10 years old or newer

Tips for First-Time Car Buyers
Buying a new vehicle is exciting, whether it’s brand-new or just new to you. For first-time buyers, part of the thrill is in choosing a car that suits your specific style and budget. Before thinking about what model you want, it’s smart to figure out how much you can afford. Here are some tips to keep in mind:
Features
Fixed Loan
Rates Available
Variety of Terms
(up to 72 months)
Up to 90% Financing Available
(including tax & license)
Loans May Be
Pre-Approved
Mechanical Breakdown
Insurance (MBI) Available
No Prepayment
Penalty
Ready to Get Started?
Fill out the form below and one of our local Member Advisors will reach out to you to help get you qualified for a loan.