FECU Loan FAQ

Does the credit committee still review loan applications?

No, we have two loan officers on staff that review loan applications as they are received.

 

How long will it take before I hear back on my application?

Typically, you should receive a response the same day or within 24 hours.

 

How much do you finance?

We finance up to 100% of the NADA retail value or the MSRP of the vehicle. (Some exceptions may apply)

 

Where is the loan application on your website?

You can find our loan application here.

 

Does my credit score affect my loan rate?

No, your credit score will not change your rate.

 

Why do you have tiered loan rates?

We offer Relationship Pricing to our members, if you meet the criteria, you can receive a discount on your rate.

 

Published Date:May 01, 2021

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