Save money every month

Auto Refinancing

You could get a lower rate and a lower car payment when you refinance your auto loan with Firemen's Federal. Bringing your loan to us is quick and easy!
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Refinancing perks you’ll love

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Fast and easy refinancing

How it works

Refinancing is when you swap your loan for a different one, usually to get a lower interest rate or lower monthly payment. Submit your application and see how much you could save!

1

Apply

Most loan applications can be completed from home, and we review everything as quickly as possible.
2

Review

Enjoy same-day approvals for most loans.
3

Done

Once approved, we pay off your old auto loan and you get a fresh start with us.

What our members say

Fast and smooth process

"I will not bank with anyone else. I love my Firemen's. They are very helpful. I refinanced my house and it went so smoothly and fast. I have all my accounts linked and can go online and pay everything at one time. Thank you for staying up-to-date with technology."

- Camille T.

Affordable loans

"I love Firemen's! I couldn't get a loan from a bank because I filed bankruptcy six years ago, and Firemen's approved me with no problems. I have a cheap note and low interest rate. Thanks for given me and my credit another shot!"

- Felicia D.

Building credit

"I was with another bank and tried for two years to get them to help me with my credit. At Firemen’s, the people were so nice and friendly and helped me open an account and start to build my credit. I thought it was pretty awesome because I was beginning to think there was no hope."

- Melody M.

We're here to help

Auto Refinancing FAQs

There are a few common reasons you might want to refinance, such as:

  • You didn’t shop around for the best deal the first time around
  • Interest rates have dropped since you got your loan
  • Your credit has improved and you could qualify for a better rate
  • You want to lower your monthly payment by changing to a longer term
  • You’re unhappy with your lender and want to change

Whatever your reason, refinancing could help you save money and make life easier. Our team will walk you through your options and help you pick what makes the most sense for your budget.

Refinancing isn’t right for everyone. It may not be worth it if:

  • You’re close to paying off your loan
  • You owe more than your car’s worth
  • Your vehicle is older or has high mileage

Apply with us and we’ll review your details. If you’re approved, we’ll pay off your loan with your old lender and open a new loan for you at Firemen’s Federal.

We don’t charge any fees to refinance your auto loan with us – no application fees and no prepayment penalties.

Refinancing may cause a small, temporary dip in your credit score due to a credit check. Making on-time payments on your new loan can help improve your score over time.

Your auto insurance usually stays the same, but you may need to update your lender information with your insurance provider.

You may benefit from refinancing if you can get a lower rate, reduce your monthly payment, or improve your loan terms. It’s a great option if your credit or financial situation has improved. But if your vehicle is older or your loan is for a small amount, refinancing may not be worth it. Contact us to discuss your situation.