Tax Wise
  • First (1st) collateral is the automobile; second (2nd) collateral will be the property (home). Property must be located in Virginia, DC or Maryland
  • Up to 100% of collateral (automobile) value may be financed, plus any necessary fees and costs to title vehicle and any extended warranty or GAP coverage
  • Interest paid on this loan may be eligible for a  tax deduction
  • Automobile used as collateral can only be four (4) years old or newer
  • Ratesand terms based on the same repayment schedule as New Vehicle Loan

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