Auto Equity Loans

California homeowners may qualify for terrific tax breaks with our auto equity option. You receive the tax advantages of a mortgage loan with the low, flexible terms of a vehicle loan.

Your loan is secured with your owner-occupied home which may allow you to write off up to 100% of the interest you pay on your car, motorcycle, boat or RV loan. Please consult your tax advisor for details.

All the terms of your auto loan stay the same – same payment, same term and same low rate. There is a one-time, non-refundable cost of $200 to convert an existing auto loan to an auto equity loan to cover processing including reconveyance. For flexibility, you can request the removal of the lien placed on your home at any time.

This example shows your potential savings:

Loan Amount APR Term
Total Interest Paid Estimated Tax Savings
$30,000 2.24% 72 months
$2,089 $665

Estimated tax savings in this example can effectively reduce the auto loan rate from 2.24% APR to 1.54% APR.

Apply online or by phone at (888) 858-6878 for an instant loan decision.

Consult your tax advisor for details and to see if you qualify. Assumes a combined Federal and State income tax rate of 32%. See complete rate details and representative example. Example assumes $200 fee is not financed.

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