Houston Federal Credit Union has a first time auto buyer program available to make your experience quick, easy, and affordable with our new auto loan rates as low as 2.99% APR*, or used auto loan rates as low as 3.19% APR*! We also have flexible terms and first payment date options available to help you with your first big purchase!* If you have little to no credit history, considerations will be made under certain terms and conditions.
In order to qualify for the first time auto buying program you must:
- Be 18 years old or older
- Have no previous auto loans
- Have a loan amount of $35,000 or less
- Have held a job 6 months or more with verifiable income
- Provide proof of full coverage insurance
Take advantage of our VIP (Vehicle Instant Purchase) check when you are ready to purchase your new or used vehicle at the dealership.¹ With a VIP check you are pre-approved up to a certain amount, and have the power to negotiate the best price for your vehicle at the dealership. Additionally, our low rates, flexible terms, and first payment date options* are geared to fit your lifestyle, and help you save more over the life of your loan.
HFCU also offers excellent Protection Products², which include Extended Warranties, GAP Plus, Debt Cancellation Protection, and Tire, Wheel, Windshield, and Dent & Door Protection. It is as simple as rolling these low-cost protection products in with your loan!
We are dedicated to saving you money on your first auto loan! Start your application by clicking the link below, by calling us at (281) 243-0555, or toll-free at 1-(844)-VIP-HFCU (847-4328). Our Electronic Lending Team hours are Monday-Friday 9:00 a.m.-7:00 p.m. CT and Saturday 9:00 a.m.-2:00 p.m. CT.