Auto Loans

Find it. Finance it. Drive it away.

Welcome to the DFCU AutoCENTER!


No matter how you buy your next car, our auto loans offer:

Start now.

How would you like to purchase your next car?

Is your dealer on the DFCU Participating Dealer list?


DFCU AutoSMART Online Services


If you want to shop and find your next car online, AutoSMART is your way to go. Here's how it works:

Find and Finance Your Car Online Now
  • Shop and find your new or used car on the DFCU AutoSMART website
  • Complete and submit your AutoSMART loan application to begin receiving instant email notifications and your DFCU AutoSMART Approval CERTIFICATE
  • Download your certificate to take to your DFCU Participating Dealer—or simply go to your dealer and have them access your DFCU AutoSMART Approval CERTIFICATE online
  • Close your loan at the dealer and drive away
  • Watch and learn about the AutoSMART experience

You'll receive an immediate loan decision once you apply.

Apply Now

You'll receive an immediate loan decision once you apply.

Refinance Today

The DFCU Gratitude Mortgage - Terms and Conditions

Summary Portfolio product with 1% minimum down payment and no PMI requirement designed to benefit those heroes who serve and protect our communities. Financing provided through this program is only available for properties located in the state of Michigan.
Term Maximum 30-year amortization
Available Product Type 7/1 ARM, 10/1 ARM
Loan Amount $510,400 Maximum
LTV Purchase and No Cash Out Refinance - Maximum 99%
Prepayment Penalty None
Loan Assumption None
Eligible Properties 1-unit dwellings, attached and detached condominiums, PUDs
Escrow An escrow account must be established for property taxes, and flood insurance, if required
Underwriting
  • No Private Mortgage Insurance
  • Occupancy – Primary residence only
  • Minimum Credit Score - 720
  • DTI – Max 43% (UW/Mgmt exceptions up to 50% with minimum 3 documented compensating factors)
  • Student Loans – If in deferment, no qualifying payment required
  • Down payment of 1% must be borrower’s own funds, while closing costs and prepaids may be gift funds
  • Eligible Borrowers – Protect and Serve Heroes are defined as employees of public or private education institutions, fire department, federal/state/local government law enforcement agencies, nurses, emergency medical technicians and paramedics, active or former military personnel.
Servicing Retained
Rate Adjustments None

The DFCU Cash Back+ Mortgage - Terms and Conditions

Summary Portfolio product with no minimum down payment and no PMI requirement designed to benefit members with investment/asset accounts totaling at least $500k and minimum $50k on deposit with DFCU Financial. Financing provided through this program is only available for properties located in the state of Michigan.
Term Maximum 30-year amortization
Available Product Type 5/1 ARM, 7/1 ARM
LTV & Loan Amount
  • Primary Residence - 100% to $1M, 90% to $1.5M
  • Second Home – 90% to $1M, 80% to $1.5M
Prepayment Penalty None
Loan Assumption None
Eligible Properties 1-unit dwellings, attached and detached condominiums, PUDs
Escrow An escrow account must be established for property taxes, and flood insurance, if required
Underwriting
  • No Private Mortgage Insurance
  • Minimum annual combined income of $200k
  • Verification of investment/asset accounts totaling at least $500k and minimum $50k on deposit with DFCU Financial
  • Occupancy – Primary Residence and Second Home
  • Minimum Credit Score - 700
  • DTI – Max 43% (UW/Mgmt exceptions up to 50% with minimum 3 documented compensating factors)
  • Family legacy of CB+ Member eligible for same benefits of this loan product (LOX is sufficient)
Servicing Retained
Rate Adjustments None

The DFCU Doctor Mortgage - Terms and Conditions

 
Summary Portfolio product with no minimum down payment and no PMI requirement designed to meet the unique financial needs of physicians, dentists, and other eligible medical professionals. Financing provided through this program is only available for properties located in the state of Michigan.
Term Maximum 30-year amortization
Available Product Type 7/1 ARM, 10/1ARM
LTV & Loan Amount
  • Primary Residence - 100% to $1M, 90% to $1.5M
  • Second Home – 90% to $1M, 80% to $1.5M
Prepayment Penalty None
Loan Assumption None
Eligible Properties 1-unit dwellings, attached and detached condominiums, PUDs
Escrow An escrow account must be established for property taxes, and flood insurance, if required
Underwriting
  • No Private Mortgage Insurance
  • Proof of Medical Degree (MD, DO, DDS, DC, DMD, DVM)
  • Occupancy – Primary Residence and Second Home
  • Minimum Credit Score - 700DTI – Max 43% (UW/Mgmt exceptions up to 50% with minimum 3 documented compensating factors)
  • Student Loans – If in deferment, no qualifying payment required
  • Signed contract or offer (No required timeframe for start date)
Servicing Retained
Rate Adjustments None
Loan Type Fixed APR3 Max Fixed Terms
New Vehicle Purchase with Auto Pay from DFCU Financial Checking or Savings As low as 2.99% APR Ask for details
New Vehicle Purchase without Auto Pay As low as 3.24% APR Ask for details
Used Vehicle Loan with Auto Pay from DFCU Financial Checking or Savings As low as 3.24% APR Ask for details
Used Vehicle Loan without Auto Pay As low as 3.49% APR Ask for details

Rates effective as of 11/29/2020

3Risk Based: The APR (Annual Percentage Rate) you receive is based on your credit worthiness and the term of your loan. Please ask us for the initial rate that you qualify for. Preferred Rates with Auto Pay: As shown in the above APR (Annual Percentage Rate), you will receive a discount of 0.25% on your interest rate with automatic payment from a DFCU Financial checking or savings account. Preferred rates are not available for Personal Lines of Credit, Credit Cards, Share Loans, Home Equity Lines of Credit or any other Unsecured Loan. Late Charges: If your payment is more than 15 days late you will be charged a $20 late fee. DFCU Financial reserves the right to change rates at any time prior to loan closing.

 

NCUA Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government.

 

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DFCU Financial - Copyright © 2020 - Dearborn, Michigan - All rights reserved

While the DFCU Financial Board of Directors intends to pay Cash Back every year, and has done so since 2007, Cash Back is not guaranteed and will depend on our financial performance and other factors. Annual Cash Back payments are limited to an aggregate of $25,000 for each tax-reported owner. The IRS requires that Cash Back for an IRA be paid to the same IRA account, and that it be open when Cash Back is deposited. Cash Back to Business Banking members is subject to additional terms. Anyone who causes DFCU Financial a loss for any reason is not eligible for Cash Back.