Auto Loans | Lutheran Federal Credit Union
Serving the Lutheran Church-Missouri Synod Community
LutheranFCU. Good for You. Good for the Church.

Auto Loans

If you have just started shopping for a vehicle, you can apply online and get preapproved to determine the amount you may borrow. If you already have a vehicle and would like to refinance it for a lower payment or get cash out, we would love to assist with that as well! 

New and Used Auto Loans

  • LutheranFCU works with auto dealers in all 50 states for purchases. No private party purchase transactions at this time.
  • Also, check out our LutheranFCU Car Buying Service below
  • Loans from $5,000 up to $50,000 available
  • Refinances also available
  • Fixed monthly payments and no penalty for early payoff
  • Competitive fixed interest rates starting at 3.25% corresponding APR of 3.27%*
  • Finance up to 125% of the NADA retail value subject to credit review
  • Our online application takes only 10 minutes to complete with quick decision response times
  • Loans available for a vehicle up to ten (10) years old

Is the auto you would like to purchase over 10 years old? Check out our Whatever Loan program to finance that purchase.


                                                                      Auto Loan Calculator

LutheranFCU Car Buying Service 



Our Car Buying Service powered by TrueCar®

provides a streamlined and hassle-free way to find, buy, and save on a new or used vehicle.

  • Access to a nationwide network of participating dealerships offering established pricing.
  • Saves you time and money at the dealership.
  • Gives members the ability to research and see what other people in your area paid for a similar car.
  • Apply with LutheranFCU to get your preapproval letter

Go to the LutheranFCU Car Buying Service

 What will I need?

Purchase Documents

  • Dealer contact information so Lutheran Federal Credit Union can obtain a copy of your Purchase Order
  • Proof of full coverage insurance and agent’s contact information
  • Proof of Income (See below)

Refinance Documents

  • Statement and/or payoff from your current lender
  • Verification of vehicle information (Copy of title or registration card)
  • Proof of full coverage insurance and agent’s contact information
  • Proof of Income (See below)

Proof of Income

  • Full Time or Part Time Employment:
    Copy of your most recent pay statement showing year-to-date pay and all deductions. If your pay statement is hand-written or does not show year-to-date pay, please also submit the most recent W-2 form.
  • Self-Employment:
    For self-employed applicants, please submit the most two recent years tax return including all schedules.
  • Retirement Income:
    For social security income and other retirement income, please submit two recent months of direct deposit records or most recent annual income benefit “award” letter with your most recent retirement 1099 tax form. 

How Will I Receive My Monthly Billing Statements?

Lutheran Federal Credit Union offers free and secure statements that you can access at any time through your Online Banking Account. In addition, an email will be sent every month reminding you that your updated statement is available.

How Can I Make My Loan Payments?

The easiest way to set up loan payments is to log into your personal Lutheran Federal Credit Union Home Banking account, and use the “Transfer/Payments” tab to set up a single payment or even recurring loan payments. Other options include making payments through an online bill pay service or you can authorize LutheranFCU to automatically set up your monthly payments by ACH. To set up your payment by ACH, please complete the  Automated Loan Payment Form.

*APR is the Annual Percentage Rate. Rate referenced above is the lowest rate possible for qualified borrowers and is based on underwriting criteria and term of loan. There is a one-time $25 processing fee charged on all automobile loans. Loan example: $50,000 at 3.25% for 72 monthly payments of approximately $765.29 with corresponding APR of 3.27%.All loans are subject to approval. Additional terms and conditions may apply.

**New Auto defined as those which have never been previously titled, are a current model year or most recent previous model year and have less than 2,000 odometer miles.