Save By Refinancing Your Auto Loan



Benefits of Refinancing Your Auto Loan With JHFCU

Refinancing with us makes saving money fast and easy. Take advantage of some of our incredible benefits with the following auto loan refinance features.


Competitive Rates

With the most competitive rates you save more.

No Prepayment Penalties

Pay off your loan when and how you choose.

Flexible Terms

Borrow and set up your monthly payments the way it works best for you.

Quick and Easy

After a quick pre-approval, you’re off to shop with one of our “blank checks.”


Skip Your First Payment

You can defer your first payment for 90 days- or make your payment so you can pay off your loan quicker.*


Optional GAP & Debt Protection Coverage

Minimize the impact of the unexpected for a low monthly fee.


"I purchased a new car and obtained financing through a finance company at an 12% interest rate. JHFU was able to refinance my vehicle at 2.5% and lower my monthly payments by $218 per month. I am thrilled with JHFCU and the time and attention they provided to me. Thank you!"

- S. C.


Learn How Much You Can Save by Refinancing Your Auto Loan


Use Our Auto Refinance Calculator



Refinancing with JHFCU is quick and easy




Apply Online

Our quick and easy online application takes just a few minutes.




Sign Electronically

Do everything from the convenience of your home or office.




We’ll take care of paying off your old loan

We’ll send your old loan payoff automatically.


 Auto Loan Resources


search2Research Tools

Learn what your auto is worth and more with these great research tools.

Research Now


carinsVehicle Protection

GAP, Debt, or Major Mechanical Protection can help protect you against unforeseen expense.


Learn More


ClosingcostCalculate Payment

Determine what your estimated car loan payment, or car purchase price, could be.

Calculate Payment Now

Auto Refinance FAQ

  • Who is eligible to apply for a vehicle loan?
    Any of our members are welcome to apply for an auto loan. If you’re not a member, we invite you to become one. 
  • What information will I need to refinance my loan?

    In order to refinance your vehicle, we need a few key pieces of information:

    • We will need to know who the car is currently financed through
    • Your current lender will need to send you a 10-day payoff with per-diem (interest accruing daily)
    • We would need a copy of the vehicle title, VIN and mileage of your vehicle
  • What factors do you consider when someone applies for an auto loan refinance?

    When applying for a loan, we’ll look at your credit score, income, payment history, how much other debt you have, the existing auto loan you have, and the total amount you want to borrow. 

    To do this, we’ll need to know who your loan is currently financed through. Your current lender needs to send you a 10-day payoff with per-diem (interest accruing daily). Then we need a copy of your vehicle title, VIN, and vehicle’s mileage. We're only able to finance vehicles less than 10 years old with fewer than 125.000 miles.

  • Do I need to come into a branch to get an auto loan with you?

    No. We process all documents via Docusign so, there’s no need to come in for loan processing. It can be done from the convenience of your own home. Once the loan is finalized, JHFCU mails a check to your old lender and you would begin to make payments to us. 

  • I owe more on my car than it’s currently worth. Can I still refinance my loan with you?
    Yes. As long as the Loan to Value ratio (LTV) doesn’t exceed 125%, we will refinance an auto loan.
  • How much will my loan payments be?
    This answer depends on a few different factors, including how much you borrow, how long you want to finance this loan, and your individual financial situation. Generally, with more extended finance periods and lower loan amounts, payments will be smaller. With shorter finance periods and higher loan amounts, monthly payments are higher.
  • Is there a prepayment penalty for paying off my vehicle loan early?
    We don’t charge prepayment penalties, although some lenders do. We believe our members should be able to pay off their loans when it works best for them.
  • How do I make a payment on my loan?
    We give borrowers the flexibility to set up their monthly payments on the terms that work best for them. Some popular payment options include a payroll deduction, coupon book for mailing payments, online transfers from a JHFCU account, and monthly ACH debits from another financial institution.
  • Where can I get help with setting up my auto loan?
    We’re glad you asked! We’re happy to talk with you about an auto loan. You can apply online, over the phone, or in person at one of our branch locations. But if you still have questions, you can reach out to us.

*Skipping your first payments up to 90 days extends your maturity date for approximately up to three months. If you have credit insurance coverage on this loan, it does not cover any deferred payments. Note that loan interest will still accumulate, so your final payment on this loan may increase. The option to skip a payment is subject to change or may be discontinued.

In order to qualify for financing, vehicle must be no more than 10 years old and must have fewer than 125,000 miles.