WHITE MOUNTAIN AUTO BROKER, INC.
FINANCING POLICY
“WE FINANCE ANYONE”
If you live within 30 miles of WMAB:
1.You need 20% of the purchase price as a down payment.
2.Your down payment can be cash, a trade-in or both.
3.All payments will be made weekly unless you show us a good reason why it should be bi-weekly or monthly.
4.You must have lived within our 30-mile radius for 6 months.
5.We will finance up to 52 weeks.
6.All loans will be calculated at 19%.
If you live over 30 miles but within 60 miles of WMAB:
1.You need 50% of the purchase price as a down payment.
2.Your down payment can be cash, a trade-in or both.
3.All payments will be made weekly unless you show us a good reason why it should be bi-weekly or monthly.
4.You must have lived within our 60-mile radius for 6 months.
5.We will finance up to 52 weeks.
6.All loans will be calculated at 19%.
All applicants are required to provide:
1.Proof of residency (i.e.) a utility bill or a phone bill.
2.Proof of income (i.e.) pay stub
3.A valid in-state drivers license.
Anyone living outside our lending area, or living within this area for less than our minimum time can still finance through WMAB. The amount of down payment required will then be determined on an individual basis.