Refinance to reduce your rate and lower your payment
Most people don’t get the best deal when they first finance their purchase, whether it be at the dealer or a bank. That’s where we come in, with exceptional refinance terms that may help recoup money you can use for other needs.
Through January 31, 2022, get $50 and choose to make no payment for 90 days when you refinance a non-NIHFCU auto loan of at least $5,000 with us! 3, 4, 13
Our Sign Today And Ride Today program is better than a traditional pre-approval. Not only do you get the assurance of being a cash buyer, you can also close your loan at the dealership. Here’s how:
Apply for NIHFCU financing and request your START Express Draft
Bring your START Draft to the dealer and shop like a cash buyer
Close on NIHFCU financing at the dealer. Fill out the START Draft and let the dealer take care of the rest.
Shop for your next auto with our complimentary, no obligation Car Buying Service, with special member pricing at convenient dealerships, nationwide.
Auto Loans for International Fellows
Are you an NIH visiting fellow? Check out our popular Fellows Advantage Program to support your unique borrowing needs. Learn more
All online auto refinance
I refinanced my vehicle with NIHFCU and they gave me a great rate! Very easy process. I completely did everything online without having to go to the branch. I was even able to sign all my documents electronically. Process only took about 5 days!
Cindy
Bethseda, MD
Let the NIHFCU protect you and your vehicle
Mechanical Repair Coverage9
Protect against costly repairs, even if you finance elsewhere. MRC provides coverage at any repair facility in the US and Canada plus more, including:
Car rental up to $35/day for 5 days
24-hour emergency roadside assistance10
Travel expenses reimbursement, up to $50011
Choose the MRC plan that’s best for your needs at our Protection Program page or contact us.
Protect your family against the unexpected and erase your loan debt in case of
Death
Disability
Involuntary Unemployment
Depending on the situation, Loan Guardian may be able to cancel your remaining payments up to the contract maximum.6 For full details, visit our Protection Programs page.
If your vehicle is totaled or stolen, your insurance may not cover enough to pay off your loan. GAP7 can help pay the difference. GAP coverage includes:
Exclusive low rates, just $3958 for motor vehicles and $4198 for motorcycles.
Deductible assistance for collision claims
Pay upfront or roll into your monthly loan payments
The loan application was a simple and fast process. The staff was very friendly whenever I called to ask questions about the loan and how to start paying it back. Overall, it's been a great experience.
Kim
College Park, MD
Financial wellness begins and ends with the facts. Here’s what you need to know!
1Annual Percentage Rates (APRs) as of 2/1/2021 and subject to change without notice. The lowest APR shown is available to applicants with excellent credit and includes a rate discount of 0.25% for automatic-debit loan payments from NIHFCU TotalCare checking account. If automatic payment ceases before loan is paid in full, the interest rate will increase by 0.25%. Final rates and terms for approved applications depend on type of collateral, credit and payment history, payment method and other factors that may be lawfully considered. Restrictions may apply. Payment example: Loan amount of $20,000 at a rate of 1.99% APR for 36 months would have monthly payments of $573.00. The NIHFCU does not provide loans for private party purchased vehicles.
2 New motorcycle or auto loan-to-value (LTV) is based upon the MSRP and is defined as a vehicle that has not been titled. Used motorcycle and auto loan LTV is based upon NADA retail value.
3 A 90-day deferral of the first payment is an option available on all vehicle loans. Deferring a payment will delay the payoff of your loan, and result in additional finance charges if you only make minimum payments. You need to make up the deferred payments. The 90-day deferral program is subject to change at any time; restrictions apply.
4 Skipping a payment will delay the payoff of your loan, and result in additional finance charges if you only make minimum payments. You need to make up the payment skipped. Auto loan skip-a-pay program is subject to change at any time; restrictions apply. Complete the Payment Vacation form to enroll.
5 Credit restrictions apply; all loans are subject to credit approval and terms may vary. Your “Pre-Approved Express Draft” is void after 30 days and can only be used at a Franchised Dealership for the purchase of new or used automobiles or trucks only (RV’s, motorcycles, boats and unsecured/personal loans are excluded). The “Pre-Approved Express Draft” is not valid for sales between private parties, lease buyouts, auctions or to purchase reconditioned or salvaged vehicles.
6 Programs vary by state. Certain eligibility requirements, conditions, and exclusions may apply. Please contact your loan representative or refer to the Member Agreement for a full explanation of terms and conditions of the NIHFCU Loan Guardian Debt Protection program. You may cancel the protection at any time. If you cancel within 30 days, you will receive a full refund of any fee paid. Purchasing Loan Guardian protection is optional and will not affect your application for credit or the terms of any credit agreement required to obtain the loan.
7 Your purchase of MEMBER’S CHOICE™ Guaranteed Asset Protection (GAP) is optional and will not affect your application for credit or the terms of any credit agreement required to obtain a loan. Certain eligibility requirements, conditions, and exclusions may apply. Please contact your loan representative or refer to the Member Agreement for a full explanation of the terms of GAP. If you choose GAP, adding the product fee to your loan amount will increase the cost of GAP. GAP-1062538.1-1114-1216
8 As of September 1, 2018; subject to change without notice at any time
10 Members choice 24-hour emergency roadside assistance includes up to $100/occurrence. Includes towing, battery jump, fluid delivery, flat tire and lock-out service.
11 Members choice Travel reimbursement includes up to $500 for lodging, food and rental expense when a covered breakdown occurs more than 100 miles from home.
12 TruStage® Auto and Home Insurance Program is made available through TruStage Insurance Agency, LLC and issued by leading insurance companies. To the extent permitted by law, applicants are individually underwritten; not all applicants may qualify. Discounts are not available in all states and discounts vary by state. A consumer report from a consumer reporting agency and/or motor vehicle report will be obtained on all drivers listed on your policy where state laws and regulations allow. Please consult your policy for specific coverages and limitations. The insurance offered is not a deposit and is not federally insured. This coverage is not sold or guaranteed by your credit union.
13 Offer available on applications made between 12/01/2021-01/31/2022 and funded by 02/15/2022. The $50 reward will be in the form of a deposit into the primary account holder’s NIHFCU share account. Limit is one $50 reward per vehicle refinance. The $50 reward is not available on refinancing of a current NIHFCU auto loan. Allow up to 60 days from loan funding for deposit to be made. Your loan must be active and have a payment posted for the deposit to be made. Other restrictions may apply. Subject to change or cancellation at any time.
*Auto loan application must be submitted and funded between 12/01/2021 and 01/31/2022. Final rates and terms for approved applicants depend on credit and payment history, payment method and other factors which may be lawfully considered. All loan rates and terms are subject to change without notice. Restrictions apply.
Although NIHFCU reviews all external weblinks placed on our site, the credit union is not responsible for the content of any third-party website.
By following this link, you agree that you are leaving nihfcu.org and understand that the third party who manages this site is solely responsible for its privacy policy, any products or services it offers and the content they publish.
If you do not wish to proceed, click "Cancel" below to stay on the NIH Federal Credit Union web site.
The HomeAdvantage program is offered by a third party that is not affiliated with NIHFCU.
NIHFCU is not responsible for any services provided in connection with the HomeAdvantage program.
In an effort to help share a little hope, The NIH Federal Credit Union has created SendaMessageofHope.com where anyone can share an inspiring photo or video message with our amazing Doctors, Nurses,
and Healthcare workers. So please take a moment to say thanks to our brave health professionals who are fighting on the frontline of this crisis everyday.
Notice
Please be advised that third party cash transactions (via services such as Venmo, Cash App, etc.) may not be disputed through NIHFCU. You must contact the service directly.
