Loans FAQ

How do I apply for a loan at FECU?

FECU offers online loan applications for all of our loan products and overdraft protection loans. The application is available in online banking, the mobile app, and on our fedecu.com webpage. When you apply through the online banking portal or mobile app your information is automatically prefilled. 

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How long will it take to hear back on my loan application?

FECU has full-time loan officers that will review completed loan applications in the order they are received. Preapprovals and loan decisions are usually available the same day or the next business day. Once the loan is completed funds are available the same day or the next business day.

How much do you finance?

FECU can finance up to 100% of the J.D. Power retail value or the MSRP of the vehicle. Some exceptions may apply. 

Does my credit score affect my loan rate?

No, your credit score will not change your rate. Check out the current rates available online.