u/Background_Tax556

Co-owner and I bought a plane. He is a sole proprietor 1099 guy who doesn’t have a paystub and shows almost no income on his 1040. Aopa denied him. We are both 750-820 credit scores. It’s only a $45k loan on a $55k airplane.

What other finance companies should we look at?

FWIW, the plane is a 1964 Cherokee 150 with airframe 1800TT and just overhauled engine. We are making avionics upgrades to G5/375/215 to make it IFR certified.

Original installer used US automatic 5 years ago. It’s been very problematic with repairs every year. The installer said he does a bunch of these. He did several other things for me and they’ve all held up great. Just this opener is a problem. It has always opened and closed violently and not smoothly and finally broke a while back.

Considering going to a lift master or Viking or just replacing the opener. He also suggested maybe one of the pedestal liftmaster options.

Thoughts?