Westlake Financial | Auto Loan

Westlake Financial does not specify any income or credit score requirements. However, if your credit is not at least fair, you may end up with a high APR (annual percentage rate).

• A minimum down payment of 10 percent is required.
• The vehicle must have fewer than 120,000 miles.
• The vehicle cannot be more than 10 years old.
• The loan-to-value ratio (LTV) must be below 110 percent.
• The minimum monthly payment is $250.

Westlake Financial operates as an indirect lender. You can prequalify for the loan online, but you must visit a dealership in person to complete the deal. Follow these three steps to apply for an auto loan.

1. Apply for prequalification.

Start by applying for loan prequalification on its website and providing personal details such as your name, date of birth, contact information, address, and employment status. This step will not affect your credit.

2. Search for vehicles.

Next, you can browse vehicles through the online marketplace, which shows cars in your area based on your budget and price range. You can also refine your search by monthly payment or vehicle type.

3. Finalize financing.

Finally, you will receive a financing offer and take it to one of the participating dealerships. Once your loan is fully approved and the purchase is complete, you can make payments online, by check, or over the phone.

• Full name.
• Date of birth.
• Phone and email.
• Home address.
• Monthly rent cost.
• Current employment status.
• Co-applicant information (if applicable).