Umpqua bank's auto loan up to 100%

In Umpqua Bank's financing catalog there are several alternatives that you can choose from depending on the purpose you have. In this sense, you have the auto loan, which allows you to get a new or used vehicle on favorable terms.

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General
APR: 4.07%
Interest: 4.07%
Loan commissions
Study commission: Consult
Opening commission: $ 100
Commission for advance payment: Consult
Loan limits
Minimum amount: Consult
Maximum amount: Consult
Minimum of months: 24
Maximum of months: 84

Auto loan Info

Umpqua Bank auto loanIf you want to qualify for an Umpqua Bank auto loan, you must first be at least 18 years old and reside in one of the states where Umpqua Bank has a presence. This is followed by other requirements:

  • Have a credit score of 630 or higher
  • Show a debt-to-income ratio of 60% or less.
  • U.S. citizenship or permanent residency.

Although this bank does not offer an online application, it promises a personalized experience and has one of the cheapest origination fees in the market. In addition, it rewards you with a 0.5% discount on the assigned APR when you enable automatic payments on your Umpqua savings or checking account.

With this institution you get 100% financing for new or used cars. We summarize the basic conditions in each case:

  • New cars. The vehicle to be purchased can be from the previous year, the current year or a future model that has not been titled. You have 2 to 7 years to pay and the origination fee is $100.
  • Used Cars. The vehicle cannot be more than 10 years old from the time of application. The origination fee is $100 and you have 2 to 6 years to repay.

The Umpqua Bank auto loan looks like a good opportunity to get that dream vehicle. Like this loan there are many more that you can compare on Busconomico and without having to go through each source separately.

Español: Préstamo auto de Umpqua Bank