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Loan Department
Whether you're looking to finance a car, a vacation or home, Westmark has a loan.
No matter what your loan needs, Westmark has the loan and the term to fit you. There are no loan application fees at Westmark. Your loan information will appear on your monthly statement. With all Westmark loans, the shorter your loan term, the better your loan rate.
Automobile Loans
If you are in the market to purchase a new automobile, we have several options and terms for you. Newer model year automobiles have lower interest rates.
Automobile Financing Terms
Current Model Year & 1 Year Old
36-60 Months
*72 Months
*84 Months
2 & 3 Years Old
4 & 5 Years Old
6 Years Old & Older
*Extended term financing available to qualified borrowers, based on income and credit history.
Pre-Approved Loans or AUTO Check
Prior to looking for your new automobile, you can save a great deal of time at the dealership by getting pre-approved for
your loan and receiving a Westmark AUTO Check. The AUTO Check is a blank check, valid for up to a pre-determined limit,
that can be used to purchase your next automobile at any licensed car dealership. With AUTO Check in hand, you can avoid
the hassle of completing lengthy and time-consuming applications at the dealership. AUTO Check is simple to use.
You negotiate the best price for your automobile and simply write out your AUTO Check for the purchase. Your loan is
finalized automatically once you use your AUTO Check.
Your credit history and income may qualify you for up to 110% financing of the purchase price, plus tax and title fees.
Recreational Vehicle & Boat Loans
Westmark provides financing for most all Recreational Vehicles, whether new or used and at attractive terms and rates.
The larger Recreational Vehicles include:
Travel Trailers
Motor Homes
Boats
| Terms |
Minimum Purchase Price |
Up to 72 Months
Up to 84 Months
Up to 120 Months
Up to 144 Months
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$5,000 to $6,999
$7,000 to $8,999
$9,000 to $14,999
$15,000 and up
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AUTO Checks can also be obtained for large Recreational Vehicle purchases.
Specialty and Off Road Vehicles
Westmark provides financing for Specialty and Off Road Vehicles, whether new or used and at attractive terms and rates.
Specialty and Off Road Vehicles include:
Snowmobiles
Motorcycles
Garden Tractors
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Four-Wheel ATVs
Jet-Skis or Wet-Bikes
Utility Trailers
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| Terms |
Minimum Purchase Price |
Up to 48 Months
Up to 60 Months
Up to 72 Months
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$1,000
$5,000
$7,500
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Your credit history and income may qualify you for up to 100% financing of the purchase price, plus tax and title fees.
Special Loan Rate Reductions
If you have an active Westmark Checking Account with direct deposit into that Checking Account, you can qualify for a .25%
reduction of the loan rate. Also, if you sign up for auto pay from your Checking Account to your loan, you will qualify
for an additional .25% reduction of the loan rate.
See a Westmark Loan Officer for details and approval.
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