FAQs

A Michigan First auto loan preapproval can help you understand how much you may be able to finance before you begin shopping. Your approved amount, rate, and term will depend on your application and credit qualifications. Contact Michigan First or apply for an auto loan to learn about your financing options.

Yes. You can apply to refinance an eligible auto loan from another lender with Michigan First. Refinancing could help you lower your interest rate, change your monthly payment, or adjust your repayment term - although actual savings and available terms depend on your current loan and approved offer.

Yes. You must become a Michigan First member before applying for a consumer loan. Membership is open to anyone who lives, works, or worships in Michigan and begins by opening a Michigan First Savings Account with a minimum $10 deposit.

Yes. Michigan First offers financing for new and used motorcycles, boats, jet skis, motor homes, campers, ATVs, snowmobiles, and other recreational vehicles. Available rates, loan amounts, and repayment terms depend on the vehicle and your qualifications. Refinancing options are also available.

Michigan First does not use one minimum credit score for every loan. Approval and available rates depend on factors such as the type of loan, your credit history, income, existing debts, and ability to repay. Applying is the best way to learn which options and rates may be available to you.