Requirements for Pre-Qualification Auto Refinancing
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Find auto refinance solutions to lower your monthly auto payment, lower your interest rate, or secure more favorable loan terms. We work with most types of cars, trucks, and SUVs.
Refinancing an auto loan can help you lower your monthly payment. A new loan means new terms, which can save you money in the short term and the long run. If you’re ready for some breathing room in your monthly budget, turn to RefiJet.
If you have done a great job improving your credit or you just didn’t get the best deal possible the first time around, you may be able to lower your interest rate by refinancing your car loan. We will do a soft pull to evaluate your credit (without affecting your credit score) and find the lowest interest rate for which you qualify.
Whatever you have already paid into your car is known as the “equity” on your vehicle. If you owe less than you’ve paid into your vehicle, you may be able to get cashback from your car’s equity to use for other necessities.
You can refinance a car loan for a shorter or longer repayment, depending on your goals. By extending or shortening your loan term you can change your payment structure in a way that makes the most sense for you.
We get it, life happens! Sometimes your budget just can’t go as far as you need it to. For many satisfied RefiJet clients, auto refinancing following a life-changing event is all they need to get a bit of financial relief. Let our experts help you find more favorable loan terms to give you some breathing room in these trying times.
You may find yourself wondering what you could do with the extra wiggle room in your budget if you weren’t shackled to your monthly auto loan payments. Auto refinancing replaces your loan with better terms designed to help you save, and the process may include a short break from payments.
If you’re financial situation has changed, you can refinance your car loan to add or remove a co-borrower. RefiJet can help you determine if your co-borrowing situation is the most beneficial for your auto loan.
Many drivers lower their monthly payments by $50 to $150 or more depending on their current interest rate, loan balance, and refinanced loan terms. Use our auto refinancing calculator to see potential savings for your situation.
If there are co-borrowers on your loan, then the title will show both borrowers. If you are adding someone as a co-borrower or if you are removing a co-borrower who will no longer be on the new refinance loan, the title needs to reflect the new ownership. RefiJet will guide you through the entire process to make sure the new title accurately reflects the borrower(s) on the new refinance loan. This includes working with the state department of motor vehicles and both lenders to facilitate the process on your behalf.
If you live in a title-holding state, the borrower will have the official title document. You will need to send in the title to RefiJet to complete the refinance process. If you don’t have it, we will guide you through the process of getting a copy. Typically, to get a replacement title, you need to go to your department of motor vehicles or county tax office, depending on your state and county. Or, you might even be able to file online or send in a form to get the title in the mail. If the current lender has the title, we will handle the process of getting the title from the previous lender, who will release it directly to us as soon as that loan is paid off through the proceeds of the new refinance loan.
Find out if you can save on your auto loan without impacting your credit
Examining the costs of refinancing your car can help you decide if it’s the right move. Find out what to expect and avoid surprises.
Find out how to refinance a car and what factors might influence your new loan terms. Learn the steps to refinancing your auto loan.
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