Auto Equity Loans

• Monthly Payments = Tax Savings
• Low Rate - same auto loan rate/term
• Flexible Terms for Comfortable Payments
• Up to 100% Financing
• Fast approvals
  
  

Monthly payments can be a tax advantage:

If you're a qualified homewoner, consider the advantage of an Auto Equity Loan with Premier CU.
This unique loan allows homeowners to make their auto loan payments up to 100% tax deductible*, without the entire home equity loan process.

An Auto Equity loan is as simple as an auto loan.  Applicants receive the same low rate as they would with a conventional auto loan.  The auto is still used as collateral for the loan.  However, the credit union will also file a lien on your primary residence.  This allow for the possible tax deduction.  If you ever wish to sell your home or would like to remove the property lien, it is no problem.  The loan simpy reverts to a conventional auto lloan.  There are no changes to the rate or balance.  We simply release the lien**.


*Each individual's tax situation varies. Please consult your tax advisor.
**Real estate recording fees are required.