Refinance Your Auto Loan

Simply click on the “Get Started” button to access our online web application. It only takes a few minutes to complete.

The amount financed (your payoff) must be between $10,000 and $100,000. In addition, you must be current on your existing auto loan and, if applicable, your mortgage.

Your existing lender must be FDIC or NCUA insured. Most banks, credit unions, and larger auto finance companies meet this requirement.

We will finance new and used personal-use cars, minivans, SUVs, and light trucks. Your vehicle must have less than 125,000 miles, or 175,000 miles for diesel-powered light-duty trucks, and be valued at greater than $8,500.

We don’t refinance Daewoo, Saab, Oldsmobile, Suzuki, or Isuzu vehicles; commercial vehicles; recreational vehicles (RVs); ATVs; motorcycles; boats; motor homes; camper vans; branded title vehicles; lemon vehicles; or vehicles without a Vehicle Identification Number (VIN) or title issued. At our discretion, we may determine a vehicle to be commercial or otherwise ineligible based on the model and/or information provided to us.

No, you can pay off your auto loan at any time without any pre-payment penalties.

It’s quick. You’ll receive a decision in less than 24 hours.

You’ll need to review your existing GAP agreement or contact your GAP provider to determine whether your GAP policy terminates upon refinancing.

We’ll ask for your first and last name, date of birth, Social Security number, address, phone number, and employment information. Plus, we’ll need information on your vehicle, including its make, model, year, mileage, and Vehicle Identification Number (VIN). The last thing you’ll need to provide is the name of your current lender, payoff amount, and monthly payment.

To determine whether you qualify for refinancing, we must review your personal credit. Your credit history will inform us of your lines of credit and payment history. This is a hard inquiry on your credit report with a minimal impact on your credit score.

Yes, you can!

No, you are contractually obligated to make payments on your current auto loan until your account is paid in full. To protect your credit, you should continue to make your payments until we have completed your refinance process and paid off your current lender. We’ll request a payoff from your lender and overnight or wire the funds to pay off your loan. Your lender may take 3-10 business days to process the payoff transaction. Only after your lender has processed the payoff can you stop making payments on your previous loan.

Yes, you can schedule automatic payments from an Axos Bank checking account or an account you have at another financial institution. Sign into Online Banking and connect your external account(s) or choose your Axos checking account, then schedule a recurring payment/transfer.