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Process After Approval Application Process Process After Approval Frequently Asked Questions AOPA Member Products AFPvv

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Process After Approval

  1. An Associate will contact you via phone and/or e-mail to communicate your approval.
  2. The Sales Associate will send you a Sales Document to be completed.
  3. Samples of the required documents listed in the Sales Document:

  4. If registering the aircraft in a Business Name, Articles of Incorporation will be required.
  5. When the purchase agreement, Articles of Incorporation and BOS have been received, the Sales Associate will order a title search on the aircraft.
  6. Once a clear title search has been received, the Sales Associate will create your loan documents and overnight them to you to the address on the application.
  7. You will sign and notarize the loan documents and send them back to Bank of America via the pre-paid envelope.
  8. You need to provide insurance information, Requirements for Insurance.
  9. You/the seller need to provide wiring instructions.
  10. As soon as the Sales Associate has received all of the above documents and the documents are executed properly, the loan will be sent to Funding.

Help AOPA support General Aviation at no extra cost to you.

Call 1.800.62.PLANE to speak with a Loan Specialist. Monday through Friday: 8 a.m. to 5 p.m. ET. Or apply online at any time day or night.

The AOPA Aircraft Financing Program is the only lender endorsed by AOPA.