First Loan Program

The First Loan Program was developed to assist military personnel on active duty in pay grades E-1, E-2, and E-3 with little or no established credit-to establish credit. The following unsecured loans and vehicle loans were designed for this program.

Unsecured Loan
Loan Amount
Payment Amount*
$1,000 max for E-1
$91
$1,100 max for E-2 $100
$1,200 max for E-3 $109
Term: 12 months. Rate: 16% APR

Vehicle (New or Used)
Loan Amount
Payment Amount*
$10,000 max for E-1
$279
$11,000 max for E-2 $306
$12,000 max for E-3 $334
Term: 42 months. Rate: 9% APR
Down Payment: 10% of NADA value. Vehicle cannot be more than six years old; max loan amount includes tax, title fees and license fees.

 

HAVE QUESTIONS?

Customer Contact Center

210.283.6611  |  800.531.7650
Speak with a Service Representative during
regular business hours.

 

*Approximate monthly payment. Offer subject to credit approval. Rates subject to change without notice.

If you need money for personal expenses or to purchase an automobile, we can help!

 

To Apply:

Visit your nearest Broadway Banking Center location.

Guardsmen and Reservists on active duty are eligible.

Applicant must establish direct deposit of military pay into a Broadway Bank checking or savings account.

Please Note: This product is not available by Internet.

© Broadway Bank. Equal Housing Lender. Member FDIC
210.283.6500 • Outside San Antonio call toll-free 800.531.7650
1177 N. E. Loop 410, San Antonio, Texas 78209