Refinancing Made Easy at SVFCU

If you purchased a new vehicle and financed it at another institution, SVFCU can refinance the loan and lend you 100% of the MRSP

Picture this. You are 30 years old, right in the throes of adulthood. You just bought your first house and are now juggling a mortgage on top of car payments and student loan bills.

Life is good and you’re expanding your horizons in this new decade of life. However, with the new mortgage and a growing family, it may be time to take a second look at some of your older loans. Particularly the ones whose interest rates have hit your pocket harder than expected…   

Whether you are 30 years old or 60 years old, we know that applying for a loan is stressful and tedious. So, the thought of refinancing that same loan can seem outrageously inconvenient. Trust us when we tell you that it is worth it.

A lot of members we talk to are unaware of their refinancing options. Most often, individuals are familiar with refinancing mortgages or student loans. But there is a plethora of loan types that can and should be refinanced. For example, did you know that you can refinance your auto loan?

At SVFCU we offer financing for a variety of new and used cars, trucks, SUV’s and motorcycles. In many cases, we offer the same rate for older vehicles that we do for brand new automobiles.

 We also have a 100% refinance option. What does that mean? If you purchased a new vehicle and financed it at another institution, SVFCU can refinance the loan and lend you 100% of the MRSP (manufacturer’s suggested retail price). You can have peace of mind, knowing that your new car does not depreciate the moment you drive off the lot.

Refinancing can be scary, but we are with you every step of the way! Schedule an appointment today to talk to your local SVFCU representative and learn more.