Auto Loan Approval Process.

Application

Apply online and find out if you’re pre-approved right away. Then usually within 2 business hours, we’ll send you a follow-up email with your rate, term and estimated monthly payment.

Membership is required to get a loan with us.

Apply Now  Become a Member Today

 

Document Collection

After we receive your application, someone from our lending team will reach out to you to collect documents via email. The documents we’ll need to collect will differ depending on your loan type.

If you’re having trouble reaching us, please email onlineconsumerlendingteam@affinityplus.org.

Buying from a dealership

We’ll need a scanned copy of your purchase agreement showing us as the lienholder, with this address:

Affinity Plus Federal Credit Union
PO BOX 254736
Sacramento, CA 95865

Buying from a private party

Email us these two things:

  1. An image of the title
  2. Current vehicle mileage

Send us an email with the following:

  1. Your Signed Title (Physical Original AND a Photo of It)
    1. Sign at the red X on the bottom (front side).
    2. Take a photo of your signed title and attach it to your email.
    3. In addition to the emailed photo, we'll need to obtain your physical original title. You can upload this to your loan application through the loan portal, mail it to the Liens Department at 175 W Lafayette Frontage Road, Saint Paul, MN 55107, or drop it off at one of our branches. If you bring the original title to a branch, please let us know which one.
  2. 15-Day Payoff Statement from Current Lender
    This must include the account number, mailing address, and 15-day payoff amount.
  3. Insurance Details
    The name of your insurance company, policy number, and expiration date.
  4. $15 DMV Fee (for MN Refinances with no change to ownership)
    We can roll this into the loan, or take it from 1 of your other Affinity Plus accounts. Let us know which you would prefer.
  5. Payment Info
    Let us Know:
    1. Your preferred monthly payment due date, and
    2. If you’d like us to set up automatic payments for you. If yes, we’ll send you a separate email through a secure channel, asking for your account info. Please watch for that.

We need the following:

  1. A picture of the current odometer reading.
  2. A scanned copy of either your lease buyout instructions, the bill of sale, or the purchase agreement/application for title showing us as the lienholder, with this address:

    Affinity Plus Federal Credit Union
    PO BOX 254736
    Sacramento, CA 95865
  3. How you’d like to pay the sales tax and DMV fee: We can roll it into the loan, or take it from 1 of your other Affinity Plus accounts.

Processing

Once you’ve emailed us all the information we need, our team will process your loan and get back to you. We may have additional questions about your loan, so keep an eye on your inbox.

Please take care to ensure that you’ve sent us all the information we requested. We want to get those keys in your hand as soon as possible!

 

Closing

We'll send you closing documents via SMS or email through DocuSign, an easy and secure way to get digital signatures. Seal the deal and you're done!

Let us know how you would like to receive the funds.

  1. We can deposit the funds to your checking account, so you can write a check to the dealership.
  2. Or you can pick up a cashier’s check at a branch. If you choose this option, let us know which location.

For private party purchases: Once the sale is complete and you go to the DMV, please send us a copy of the paperwork they send home with you.

Let us know how you would like to receive the funds.

  1. The payoff should arrive at your current lender in 7 – 15 business days. Please check to be sure that the account was paid in full.
  2. If you receive the lien release card from your current lender, please either mail it, or drop it off at a local branch. Then your title can be processed, and get to you more quickly.


Auto Loans FAQ

There's no magic number. At Affinity Plus, we work with a wide range of credit profiles. And while a higher credit score can help you qualify for a lower rate, it's just one part of the application.

The best rate for you depends on things like your credit profile, loan term, and whether you're buying a new or used car. Getting pre-qualified can help you understand what rate you may qualify for.

Yes. Having less-than-perfect credit doesn't automatically rule you out. We work with members across a range of credit profiles and can help you explore your options.

In most cases, new vehicles often qualify for lower rates than used vehicles. But your rate will also depend on things like your credit profile and loan term.

It could be worth a look if your credit has improved, rates have changed, or you're hoping to lower your monthly payment. Refinancing could help you save money over the life of your loan.

A car payment should fit comfortably into your monthly budget. And don't forget to factor in insurance, fuel, maintenance, and registration costs. Our Auto Affordability Calculator can help you estimate what works for your budget.