Get pre-approved with our Blank Check Auto Loan - the most convenient way to buy your next vehicle. Avoid interest rate hikes and negotiate on price at the dealer. It’s like paying with cash - feel secure knowing that you’ve been approved for a maximum loan amount at a competitive interest rate, courtesy of JHFCU.
Benefits of a JHFCU Blank Check Auto Loan
Visit the dealership with the confidence to negotiate the best price up to your approved limit, sign the check, and drive away!
"The fact that the credit union lives up to the advertised claims of making the process quick and easy. The amount of time that it took to complete the process far exceeded my expectations. I applied on a whim (while at work) and after completing the 5-minute or so application, a rep contacted me, approved, and shared loan terms—all within a 2-hour time frame."
- A. H.
How To Apply
Applying for our Blank Check Auto Loan is as easy as 1,2,3
Apply OnlineOur quick and easy online application takes just a few minutes.
Sign Your Documents
Once approved, you can sign your loan documents from the comfort of your home.
Use Your Check
Take your check to the dealership, and drive away happy!
Auto Loan Resources
Learn what your auto is worth and more with these great research tools.
Guaranteed Asset Protection Coverage (GAP) will eliminate or reduce the difference between what your insurance covers and the amount you owe on your loan.
Blank Check Auto Loan FAQs
Who is eligible to apply for a Blank Check Auto loan?
Any Johns Hopkins Federal Credit Union member is welcome to apply for a Blank Check Auto Loan. If you’re not a member, we invite you to become one.
What factors do you consider when someone applies for a Blank Check Auto Loan?
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. 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 a Blank Check Auto Loan with you?
If you’re buying a vehicle and need a loan, you can apply in minutes in one of three ways:
Logging into your account or mobile app
Coming into a branch by appointment only
Applying over the phone at 410-534-4500 (excludes Credit Cards, Line of Credit, and Personal "Anything" loans).
We process all documents via DocuSign so, there’s no need to come in for loan processing. Apply online from the comfort of home, or wherever you happen to be!
How much will my loan payments be?
This answer depends on a few different factors, including how much you borrow, how long of a term you want to pay off your loan, and your individual financial situation.
Generally, if your loan is relatively small and you opt for a longer term, your payments will be smaller. If you opt for a shorter finance period or higher loan amount, you will see higher monthly payments.
Does JHFCU charge a prepayment penalty if you pay off your loan before your term is up?
We don’t charge prepayment penalties, although there are lenders who do. Why shouldn’t our members be able to pay off their loans at their convenience?
How do I make a payment on my loan?
One of the key advantages to a JHFCU auto loan is that you have the flexibility to set up your monthly payments on your own terms.
We offer payroll deductions, coupon books for members who prefer to mail payments, you can send online transfers from a JHFCU account, or set up monthly ACH debits from other financial institutions.
Where can I get help with setting up my auto loan?
One of the great things about auto loan financing through a credit union is that you’re a valued member of a community. That means we’ll work with you to make things go as smoothly as possible.
If you have questions or concerns, you can reach out to us at 800.543.2870 and we’ll work with you to get you where you want to go.
*Valid on New and Used cars purchased within your state of residence only. Check valued up to the pre-approval amount. Other restrictions apply.
**By skipping your first payments, up to 90 days, you extend your maturity date approximately up to three months. Credit insurance coverage you have on this loan does not cover any deferred payment. Since loan interest still continues to accumulate, your final payment on this loan may increase. This option is subject to change or may be discontinued at any time.
***The vehicle must be no more than 10 years old, and all must have under 125,000 miles.