Refinance Auto Loan Info
The main function of the Axos Bank auto loan is none other than to give you better conditions when refinancing your current auto loan. In this sense, it gives you the opportunity to defer the first installment for 90 days, lower the interest rate you have, reduce your monthly installments and you don't have to disburse anything from the beginning.
The requirements you need to qualify for this financing are as follows:
- A minimum credit score of 700
- A refinance amount between $10K and $90K.
- Your current loan must be with another financial institution
- You must be current on your present auto or mortgage loan (if applicable).
- The lender you are financing with must be FDIC insured.
The application process is very simple. Just go to Axos Bank's website and click on "Get Started" and follow the steps:
- Request the amount to refinance
- Create an account
- Provide the requested information
You should know that this neobank does not allow you to refinance brands such as Daewoo, Isuzu, Oldsmobile, Saab or Suzuki. This auto loan also does not apply to ATVs, RVs, boats, commercial vehicles, motor homes, cars with registered accidents, motorcycles, cars without a VIN number or with factory defects.
We recommend Axos Bank's auto loan if you think you can improve your current financing terms to pay more comfortably. This financial instrument is available from many other banks and Busconómico gives you the convenience of consulting them all in one place, like the Bank of America Auto Loans.
Español: Préstamo auto de Axos Bank