The maximum amount Tenet can finance for Purchase Loans:
The maximum amount you can finance with Tenet is dependent on a range of criteria, including but not limited to your state of residence, credit profile, your loan structure, the vehicle you are purchasing, your verified income, and whether you are Deferring. The following information serves as a guideline for the maximum amounts that Tenet is able to finance:
Note: We may be able to finance more by utilizing The Higher Credit Profile of a Co-Borrower / Co-Signer.
Personal Purchase Loans
Maximum loan amount of $95,000.
Vehicle Sharing & Business Vehicle Sharing Purchase Loans
Maximum loan amount of $95,000.
Personal Refinance Loans
Maximum loan amount of $150,000.
Vehicle Sharing & Business Vehicle Sharing Refinance Loans
Maximum loan amount of $150,000.
The minimum amount Tenet can finance for any loan:
$15,000.
Washington D.C. (District of Columbia) - $25,000.
Can I finance the negative equity of my current loan?
Yes, as long as The Seller can include in the amount financed section of your Purchase Agreement, and the total loan amount with negative equity is within your max finance amount with Tenet.