Car Loan Program Application

The purpose of the Embrace Families’ Car Loan Program is to assist youth who have been in the Florida’s foster care system obtain auto loans by backing/co-signing the amount of the loan to the lender. The amount backed by Embrace is from a ‘loan risk pool’ and is set aside until you pay off your loan. This assurance will help a lender to be more likely to approve you for a loan.

This is not an application for a loan. This is an application for Embrace to guarantee to a lender the amount of your loan, should you default. Embrace Families will only guarantee loans made by banks/credit unions or dealers, and on vehicles purchased through a reputable dealer.

To be eligible for consideration, you must be:

  • Florida youth currently experiencing foster care OR youth formerly in foster care, achieving permanency after the age of 16
  • Florida youth supported by Embrace Families, the foster care lead agency serving Orange, Osceola and Seminole counties.
  • High school graduate (diploma or GED)
  • Currently employed
  • 2 Letters of Recommendation; both from adults

Include the following documents with your application:

  • Most recent three pay stubs
  • Detailed budget
  • Picture of driver’s license

Apply to the Car Loan Program

To gain access to the application, a password is required.
Contact our Youth Services team at youthservices@embracefamilies.org to inquire about how to apply.