Drive forward with confidence—even no credit history.

New Omni Bank empowers individuals new to the U.S., as well as borrowers with limited credit history, with the financial means to purchase a new vehicle.

Features & Benefits

Apply Easily and Start Driving!

Our clients love our auto loan because of our swift and streamlined services. Once loan documents are signed, we expedite a cashier’s check directly to car dealers the following day—simplifying the purchase process for new car buyers. Connect with us now for more information.

Frequently Asked Questions

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

Our auto loans are tailored for clients including new immigrants and those with limited or no credit history. We offer flexible terms to fit diverse financial situations.

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.