Financing your first car is a great feeling, but it doesn’t have to be an expensive or intimidating process! HFCU’s First-Time Auto Buyers program is available to help you qualify, and we can provide you with tools and knowledge necessary to get the best deal on your new or used vehicle when you are ready to make your first big purchase!

New auto loan rates start as low as 4.99% APR*, and used auto loan rates start as low as 4.99% APR*, but we also provide flexible terms and first payment date options that will work specifically for you!*

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

The process of purchasing is also quick with HFCU’s eVIP (electronic vehicle instant purchase) check! Get pre-approved up to a certain amount. Simply print your check and have the flexibility to negotiate the best price for your vehicle at the dealership when you are ready to purchase.¹

HFCU’s Protection Products² are available to help you extend the life of your vehicle, and save on costly repairs. This includes our Vehicle Service Contract, GAP Plus, Debt Cancellation Protection, and Tire, Wheel, Windshield, and Dent & Door Protection.²

Apply for your auto loan today! Start your application by clicking the link below, by calling us at 281-243-0500. Our Electronic Lending Team hours are Monday-Friday 9:00 a.m.-5:00 p.m. CT and Saturday 9:00 a.m.-2:00 p.m. CT.

Apply Today!

*APR is Annual Percentage Rate. Normal credit criteria apply. Rates for approved loans are based on the applicant’s credit history. Stated “rates as low as” apply to well-qualified applicants. Loan term, loan to value (LTV) and/or down payment, for example, may vary based upon your credit history. Current rates are effective December 1, 2024 through December 31, 2024. Other restrictions may apply and rates are subject to change without notice. Talk to a loan officer for details. Loan term for 72-84 months require a $20,000 minimum loan. Payment examples: New autos: 60 monthly payments of approximately $19.06 per $1,000 borrowed at 5.40% APR. Used autos: 60 monthly payments of approximately $19.29 per $1,000 borrowed at 5.90% APR. For deferred payment option, interest accrues during deferral period. HFCU is an equal opportunity lender. Credit Union membership is required before utilizing any product and/or service by establishing a savings account with $5. Must be eligible for membership. Other restrictions may apply.

¹eVIP program subject to certain credit criteria. Available at participating dealerships within the greater Houston, TX and Greenville, SC areas. May be used for the purchase of new or used automobiles, trucks or SUVs. May not be used for sales between private parties or to purchase reconditioned, salvaged, or auctioned vehicles. Other restrictions may apply. See Credit Union for additional terms and conditions.

²GAP/Vehicle Service Contract/Multi-Shield Protection: See Credit Union for terms and conditions.