6 Steps to Financing Your Airplane

Fill out the Dorr Aviation credit application and submit your supporting financial information. ***Please Note: Image files can not be accepted.  PDF files of all documents are required.***

Once you have been pre-approved, provide a spec sheet of the plane, purchase price, the purchase agreement, and registration details to our Business Developers who will work with you on structuring your loan.

You will receive your aircraft loan contract package via email. The FAA recently designed their 8050-1 Registration Form so that it can be sent electronically so we are now able to send your entire contract package online through our secure website.

At this point, you will be assigned your designated Loan Coordinator who will work with you to arrange a smooth closing. We team up with a bonded and insured title and escrow company of your choice who will perform a title search and work with the seller to obtain their closing documents.

Once your contracts arrive back in our office, we will communicate with all parties (buyer, seller, broker, insurance company, title company, etc.) to obtain all the necessary closing documents.

The Loan Coordinator will partner with you to schedule your closing date and will ensure all ownership documents are conveyed accurately at the FAA. You are handed the keys to your new airplane and you take flight!