Auto Loan Process

To apply, log in to Online Banking or call us at 410-321-6060 or toll-free at 800-903-3328. Information you’ll need when applying*:

• Employer information
• Income sources and amounts
• Year, make, and model of vehicle
• Vehicle identification number (VIN)
• Trim of vehicle
• Exact vehicle mileage
• Auto insurance policy declaration page (full comprehensive and collision insurance are required – max $1,000 deductible)
• Valid government-issued I.D. (cannot be expired)

*Some items may not be applicable

Examples of proof of income¹: Full- or Part-time Employment:

• Copies of current and consecutive pay stubs for all borrowers
• Previous year’s W-2

Retirement:

• Current award letter and previous year’s 1099-R for pension/retirement income
• Current Social Security award letter
• Investment income
  • Copy of current investment account statement reflecting the current balance
  • Copy of 1099-R reflecting previous year’s distributions

Self-employment:

• Copy of previous year’s full tax return if self-employed, contracted employee (receiving 1099-MISC), or claiming rental income

Additional Income²:

• Alimony
  • Copy of divorce decree listing the alimony amount
• Court-ordered child support
  • Copy of divorce decree listing the amount and age of child/children
  • Verification letter from Child Support Enforcement if applicable

¹A First Financial representative will let you know if required. ²These items are not mandatory to disclose.

Once you have agreed to the purchase or refinance terms, it’s time to settle the auto loan. Purchases from a dealership:

• Signed purchase order from the dealership

Refinance:

• Original MD title or registration if PA
• 10-day payoff statement including account number and payment mailing address

After First Financial receives the documentation listed in steps 2 and 3 above, a representative will contact you to finalize your auto loan quickly and easily using an electronic signature through email and to discuss the disbursement of your loan proceeds.