Drive forward with confidence—even no credit history.

At New Omni Bank, we specialize in auto loans for immigrants, newcomers to the U.S., and anyone with limited or no credit history. We understand the challenges of establishing credit in a new country—and we’re here to help you move forward with ease.

Whether you’re looking to buy your first car or establish credit, our credit-building auto loan program offers affordable options, flexible terms, and personalized service.

Features & Benefits

Apply easily. Drive away faster.

Choose New Omni Bank’s auto loan for its simplicity and speed. Once you sign your loan documents, we issue a cashier’s check to your chosen dealer the next day—ensuring a smooth, stress-free car purchase.

Frequently Asked Questions

1. Who is eligible for New Omni Bank’s auto loans?

Our auto loans are ideal for immigrants and newcomers, especially those with limited credit history.

2. What is the maximum amount I can borrow for an auto loan?

You can borrow up to $50,000 to finance the purchase of a new vehicle.

3. What types of vehicles can I purchase with an auto loan from New Omni Bank?

Our auto loans are available for new vehicles. Please note, electric vehicles are currently not eligible under this program.

4. What are the interest rates for auto loans?

Interest rates are fixed and based on the Prime Rate plus a margin. This margin varies depending on your loan term and down payment. For detailed rate information, please contact one of our Relationship Bankers at 626-284-5555.

5. How do I apply for an auto loan?

You can apply by visiting any of our branches, contacting us directly at 626-284-5555, or filling in the inquiry form below. Our bankers will guide you through the application process to ensure a seamless experience.

6. What documents do I need to apply for an auto loan?

You will need to provide proof of income, identity, and residence, along with any additional documents that may be required based on your specific circumstances.

7. Can I use the auto loan to refinance my existing vehicle?

Currently, our auto loans are designed only for the purchase of new vehicles. Please contact us for other financing options if you’re interested in refinancing.

8. What is the repayment term for an auto loan?

We offer flexible loan terms ranging from three to five years, allowing you to choose the best fit for your financial situation.

All terms and conditions are subject to approval and application. This program does not cover electric vehicles.