Auto Loans

Get a Low-Rate Auto Loan Today

Q: Do you offer Cash-Out Auto Refinancing and how does it work ?

Yes we offer cash-out auto refinancing! A cash-out auto refinance loan allows you to access some of the equity in your vehicle by refinancing your current auto loan for a higher amount. This new loan covers your existing loan balance, plus an additional sum based on the equity you’ve built up in the vehicle. You receive the difference in cash, which you can use for a variety of purposes, such as consolidating debt, covering bills, or making major purchases—though certain restrictions may apply. Much like a traditional auto refinance, your new loan may offer benefits such as a lower interest rate, an adjusted loan term, or both. The key difference with a cash-out refinance is that the new loan amount is larger than the original loan. Example: Imagine your car is worth $20,000, and your remaining loan balance is $10,000. By refinancing for $20,000, you would receive the $10,000 difference in cash. You can apply for a cash-out auto refinance by clicking one of our “Apply Today” buttons above and filling out an online application.

Finance your next car with competitive rates, fast approval, and flexible terms from HRCCU. Choose from a Standard Auto Loan or GREENLight Auto Loan to match your budget and buying goals.

Low rates for new and used vehicles

Quick, secure pre-approval online

Types of Auto Loans

Standard Auto Loan

A traditional auto loan with lower rates, fixed terms, and full ownership from day one. Best for borrowers who want straightforward financing with stable monthly payments and long-term ownership.

Simple, conventional financing structure
Predictable monthly payments throughout the term
Ideal for long-term ownership and easy budgeting

GREENLight Auto Loan

A loan designed to offer lease-like payments while still giving you full ownership. Best for borrowers who want lower monthly payments, minimal upfront costs, and more flexibility over time.

Lease-style payment structure with ownership benefits
No upfront costs or early termination fees
Trade in, refinance, or sell whenever you choose

Learn More

How to Apply for an Auto Loan

Applying for an HRCCU auto loan is simple, secure, and designed to support your car-buying journey.

Provide your name, address, SSN, employment details, income, and contact information
Upload documents if needed: purchase agreement, bill of sale, title, registration, or proof of income
For refinance requests, provide your vehicle’s year, make, model, mileage, and VIN
Submit your application online or visit an HRCCU branch
Review your loan options, finalize your terms, and complete your vehicle purchase

man on phone and laptop opening bank account

Auto Loans

Calculate Your Monthly Auto Loan Payment

Planning your budget is easier when you can estimate your monthly payment before visiting the dealership. HRCCU’s Auto Loan Calculator helps you compare vehicles, evaluate loan terms, and choose the payment that fits your financial goals.

Use the calculator to enter a loan amount, rate, and term — then see an estimated monthly payment instantly. It’s a simple way to shop with confidence and stay within your budget.

Try It Today

Purchase & Refinance Rates

Terms	Vehicle Models 2022-2026	Vehicle Models 2019-2021	Vehicle Models 2018 & Older
24 Months	N/A	5.24% APR	7.75% APR
36 Months	3.99% APR	5.24% APR	7.75% APR
48 Months	3.99% APR	5.49% APR	8.00% APR
60 Months	3.99% APR	5.74% APR	N/A
72 Months	4.24% APR	6.74% APR	N/A
84 Months	5.24% APR	N/A	N/A

Terms

Vehicle Models
2022-2026

Vehicle Models
2019-2021

Vehicle Models
2018 & Older

24 Months

N/A

5.24% APR

7.75% APR

36 Months

3.99% APR

5.24% APR

7.75% APR

48 Months

3.99% APR

5.49% APR

8.00% APR

60 Months

3.99% APR

5.74% APR

N/A

72 Months

4.24% APR

6.74% APR

N/A

84 Months

5.24% APR

N/A

APR = Annual Percentage Rate. Offers listed herein are for eligible HRCCU members for new/used vehicle and motorcycle loans effective in 2025. Rates listed are for $3,001 minimum amount financed and include a .25% APR discount for having automatic payments. Member must credit qualify. Rates listed are for credit scores of 740+. Other rates available. A credit report fee of $5.00 may be charged. Terms and conditions may apply. Offers/terms listed above are subject to change without notice. HRCCU reserves the right to alter or withdraw these offers or certain features thereof without prior notification. All secured loans with the exception of a share secured loan must pay the Vendor Single Interest (VSI) insurance payment of $150 per car or truck loan. All other collateralized loans will incur a fee of $250 per loan. 84 month term is for new vehicles only. 90-Day No Pay Loan Special is for new or used vehicles only. Promotion starts April 24, 2020 and will run until further notice. No payment required for the first 90 days with all approved loans at the member’s request. Interest will accumulate from date of loan booking. Normal discounts can apply. All other loan guidelines apply.

GreenLight Auto Loan Rates

Terms	Vehicle Models 2022-2026	Vehicle Models 2021
24 Months	N/A	6.49% APR
36 Months	5.24% APR	6.49% APR
48 Months	5.24% APR	6.74% APR
60 Months	5.24% APR	6.99% APR
72 Months	5.49% APR	N/A
	Learn More	Learn More

Terms

Vehicle Models
2022-2026

Vehicle Models
2021

24 Months

N/A

6.49% APR

36 Months

5.24% APR

6.49% APR

48 Months

5.24% APR

6.74% APR

60 Months

5.24% APR

6.99% APR

72 Months

5.49% APR

N/A

Learn More

APR = Annual Percentage Rate. Offers listed herein are for eligible HRCCU members for new/used auto loans effective 2025. Rates listed are for $3,001 minimum amount financed and include a .25% APR discount for having automatic payments. Member must credit qualify. Rates listed are for credit scores of 740+. Other rates available. A credit report fee of $5.00 may be charged. Terms and conditions may apply. Offers/terms listed above are subject to change without notice. HRCCU reserves the right to alter or withdraw these offers or certain features thereof without prior notification. All secured loans with the exception of a share secured loan must pay the Vendor Single Interest (VSI) insurance payment of $250 per call or truck loan. All other collateralized loans will incur a fee of $250 per loan.

Member Testimonials

Why Choose an Auto Loan with HRCCU?

Financing through a credit union means putting your financial goals first. HRCCU provides honest guidance, clear terms, and flexible options designed to support members through every stage of vehicle ownership.

Competitive Financing Options

Choose a loan structure that fits your lifestyle and monthly budget, with options for both new and used vehicles.

Member-Centered Service

Our lending team provides clear guidance, helps you compare terms, and supports you through every step of the car-buying process.

Flexible Term Options

Customize your repayment plan with terms designed to match your goals — from quicker payoff timelines to lower monthly payments.

Find A Car

Shop New & Used Vehicles with our Online Car Buying Service!

Search From 5 million vehicles, take a virtual test drive, view estimated monthly payments, get vehicle history reports and more!

Shop Now

Frequently Asked Questions

Refinancing your auto loan with HRCCU is a simple way to lower your monthly payment, adjust your term, or move your loan to a credit union that puts your financial goals first. You can apply online in minutes by providing information about your current loan, the vehicle, and your income. Our team reviews your application and helps you compare your new payment options so you can decide if refinancing is the right move for your budget.

Auto loan rates at HRCCU vary based on the loan type, vehicle age, term length, and your credit history. Rates are updated regularly to ensure members receive competitive options for both new and used vehicles. You can view our most current auto loan rates online or contact us for personalized rate information based on your financial profile and loan needs. Applying for pre-approval can also help you understand what rate you may qualify for before you shop.

Auto loan interest is typically calculated using the simple interest method, which means interest accrues daily based on your remaining loan balance. To estimate your interest costs, you’ll need the loan amount, interest rate, and term length. HRCCU’s Auto Loan Calculator helps you compare monthly payments and understand how different rates or terms affect your overall cost, giving you a clear picture before you commit to a vehicle purchase.

Yes, HRCCU offers financing for used cars, including vehicles purchased from dealerships or private sellers. Used auto loans come with competitive terms and the ability to choose a structure that best fits your budget, including our Standard Auto Loan or the GREENLight Auto Loan for qualifying vehicles. Pre-approval can help you understand your budget before you shop, making it easier to compare models and negotiate with confidence.

Auto lenders typically use a combination of your credit score, payment history, and overall credit profile to determine eligibility. HRCCU reviews your credit report to understand your financial habits and ability to repay the loan responsibly. While a higher score may help you qualify for better terms, HRCCU considers a range of factors, including income, debt-to-income ratio, and past repayment behavior, to provide fair and affordable loan options to qualified members.

Yes, HRCCU works with members who have fair, limited, or rebuilding credit. Approval is based on more than just your score — we also look at income stability, repayment history, and your ability to manage the monthly payment. Many members with moderate credit qualify for financing and can use on-time auto loan payments to build a stronger credit profile over time. Pre-approval is the best way to understand your options before you visit the dealership.

Most decisions are available within the same day we receive your application. However, there are cases where applications require a more detailed review, so this can take additional time.

Absolutely! Getting pre-approved for an auto loan before heading to the dealership gives you peace of mind, as you’ll know exactly how much car you can afford. It also strengthens your position during negotiations, helping you secure a better deal.

Your rate is guaranteed for 30 days from the date of original application approval.

Yes we offer cash-out auto refinancing!

A cash-out auto refinance loan allows you to access some of the equity in your vehicle by refinancing your current auto loan for a higher amount. This new loan covers your existing loan balance, plus an additional sum based on the equity you’ve built up in the vehicle. You receive the difference in cash, which you can use for a variety of purposes, such as consolidating debt, covering bills, or making major purchases—though certain restrictions may apply.

Much like a traditional auto refinance, your new loan may offer benefits such as a lower interest rate, an adjusted loan term, or both. The key difference with a cash-out refinance is that the new loan amount is larger than the original loan.

Example: Imagine your car is worth $20,000, and your remaining loan balance is $10,000. By refinancing for $20,000, you would receive the $10,000 difference in cash.

You can apply for a cash-out auto refinance by clicking one of our “Apply Today” buttons above and filling out an online application.