Auto Refinance Loans
Move it to Midcoast is back bigger and better than ever! Whether you are buying new and have an auto loan elsewhere, with greater incentives and expanded terms, there has never been a better time to move your auto loan to us. Applying has never been easier; apply online or via our mobile app and receive and an instant online decision!
Looking for a new vehicle instead? With local inventory, calculators, tips and resources, our free Auto Finder can help get you on the road faster and easier!
Newly Expanded Benefits
LOWER YOUR INTEREST RATE1
Based on your credit score, you’ll receive the lower of our currently offered interest rates OR your current interest rate less 1% to a minimum of 1.99% APR for the remaining term of your existing loan held at another financial institution. Additional interest rates and terms are available based on qualifying credit.
PAYMENT-FREE FOR 60 DAYS2
You'll also have the option to defer your first loan payment up to 60 days after the loan closing. Take a payment vacation or get ahead of the monthly payment requirement. You can always pre-pay on the loan as your budget allows.
UP TO $500 CASH BACK3
Receive a cash incentive of up to $500 (or 1% of the amount financed). Move a $25,000 auto loan and earn $250. Refinance your $60,000 truck loan and earn $500!
Guaranteed Asset Protection (GAP)
In the event of a car accident, if your vehicle is considered a total loss, this optional coverage will pay the difference between your loan balance and the amount covered by your primary insurance carrier.
Vehicle Service Agreement
Keep your vehicle on the road longer with a CUCertified Vehicle Service Agreement.
MEMBERS CHOICE® Payment Protection offers loan-specific coverage, protecting your loan payments against death, disability, and involuntary unemployment. Payment Protection could cancel your loan balance or payments up to the contract maximums, helping to protect your finances and your credit score.
Trustage Auto Insurance
If you haven't compared auto insurance rates lately, it's a great time to take a look. Your credit union membership could result in some nice savings. Check out our partnership with Trustage and Liberty Mutual Insurance.
1. Annual Percentage Rate. Offer applies to the purchase or refinance of model years 2015 and newer. You will receive the LOWER of our current offering interest rate (based on your credit score and loan term) OR your current interest rate less 1.00%, to a minimum of 1.99% APR, for the remaining term of your existing loan held elsewhere. Additional terms and interest rates available based on qualifying credit. 2. Payment free for 60 days. Interest will accrue daily at loan disbursement. If no payment is made within the 60 day courtesy period, the accrued interest will need to be satisfied when the first payment is made. 3. Up to $500 cash incentive is based on 1.00% of the amount financed. This offer cannot be combined with any other Credit Union rate incentive. Existing Midcoast FCU loans are not eligible for this offer. All loan applications subject to approval. Terms and conditions may apply and are subject to change without notice. For more information call 877.964.3262.