Purchase FAQ
We offer a wide variety of loan products to meet your
specific needs on any purchase transaction.
How do I know what my loan rate will be?
Rates vary primarily based on the type and purpose
of the loan, your credit history and income, loan
amount, and aircraft value.
How do I qualify for a loan?
We use specific criteria to determine if you qualify for
a loan and the amount you can qualify for. You can use
our Calculators area to determine whether you can
qualify for a loan, the types of loan products that are
best for you, and many other things. USAF allows you to
apply and get approved right here online – it’s fast,
easy, and free (USAF charges no application fee).
How much can be borrowed on an aircraft?
We can lend up to 90% of our aircraft valuation or
purchase price whichever is less.
What is needed in order to start the application
process?
We need a completed USAF application (available on
line) along with a spec sheet on your aircraft and the
last two years of IRS tax returns.
How long does the approval and closing process take?
Typically we offer same day approval and the next
business day closing.
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