Online Banking Pre-Qualification Details

+Subject to borrower meeting pre-established and other lending criteria and either receiving a pre-approved offer or submitting a pre-qualification request through online banking. The Digital Auto Loan Program is available to Broadway Bank customers who initiate an application through online banking to qualify for and close their loan for either the purchase of a new or used vehicle from an authorized dealer or refinance of a new or used vehicle with an existing trade line reported by a credit bureau. No private party sales, cash back refinancing or lease buyouts will be financed through this program. 

Purchase from a Dealer - This program is available for purchases from new car franchise dealers. If the dealer does not meet our program guidelines, we reserve the right to deny funding. To discuss approval of a dealer, call 210-283-LEND (5363) option 1. Participating dealers must cooperate by providing timely information about the vehicle, its cost and where to send loan proceeds, and timely assistance to ensure our security interest will be recorded on the vehicle’s certificate of title. 

Refinance Details – Total amount financed must be at least $5,000 and not more than $75,000. Applicants must also not exceed our maximum loan to value (LTV) ratios. Broadway National Bank does not refinance lemon vehicles, branded title vehicles, lease buyouts or vehicles without a Vehicle Identification Number (VIN) or title issued. In order to qualify, your existing auto loan must have an existing trade line reported by credit bureaus. You must refinance the full payoff amount of your existing auto loan subject to our minimum and maximum loan amounts.