skip mobile nav
skip social channels
skip header skip main navigation skip dropdowns
Vehicle Equity Loan

Vehicle Equity Loan

Did you know that you can use the equity in your home to finance your next new or used vehicle?

It’s called a Vehicle/Equity Loan and here is how it works:

  • You need to be a homeowner.
  • You need to have enough equity in your home to cover the value of the vehicle.
  • We use the vehicle as collateral so this is a vehicle loan.
  • We record a mortgage on your home, where the interest on the loan may be tax deductible.*
  • For you, this means additional savings at tax time by claiming the interest.*

Contact a Fox Communities CU experienced lender to get the process moving!


Mechanical Breakdown Protection

An extended warranty that will protect you against unexpected vehicle repairs:

  • Nationwide protection.
  • Transferable coverage if you sell your vehicle.
  • 24-hour roadside assistance.
  • Four protection plans to choose from.

Guaranteed Asset Protection (GAP)

Most insurance policies only cover the value of your vehicle. Your loan balance could be higher than the value. Guaranteed Asset Protection (GAP) is a non-insurance product that cover the “gap” between your vehicle’s value and the amount you still owe. GAP coverage will help you if your vehicle is stolen and isn’t recovered, or is totaled in an accident and can’t be repaired. Included in this difference is your insurance deductible up to $1,000.00. GAP is available on autos, boats, motorcycles, or RVs. There is a cost for this protection. Talk to a lender about GAP today.

Fox Debt Protection

  • For a minimal cost, this eases your loan payments in case of death, disability, or involuntary unemployment.
  • Protects your family.
  • Safeguards your credit rating.
  • No obligation for 30 days.
  • Many options to choose from – customize to fit your needs.
*Check with your tax adviser for tax deductibility. Must meet eligibility requirements. Contact a loan officer to determine eligibility.

Additional Banking Resources





Any external site listed here is not operated or under the control of Fox Communities Credit Union (FCCU). By clicking on CONTINUE below, you will access a third-party site that is not operated by FCCU. FCCU is not responsible for the content of the third-party website. FCCU does not represent either you, or the website operator, if you enter into a transaction.

Please note that when you exit our site, our Privacy and security policy is no longer in effect. Privacy and security policies may differ from those practiced by FCCU and you should review the alternate websites' policies. You may cancel moving to the third party website by clicking on "X" to stay on



You are about to leave Fox Communities Credit Union's website. Any external site listed here is not under the control of Fox Communities Credit Union. Thank you for visiting. Please return when you need information about Fox Communities CU's products and services.