Maple Federal Credit Union
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Refinance Q&A

Q: What do I need in order to refinance my vehicle loan with Maple?

A: In order to refinance your vehicle with Maple you will need to provide:

  1. A copy of your vehicle registration
  2. A copy of your most recent current finance account statement
  3. A copy of your original purchase agreement and finance documents

Q: Why do I need these documents?

A: First, we need to make sure that the vehicle was recorded property and that the current financial institution can turn over the documents to us so we can record our lien.  The other documents allow us to find ways to help you save money!  Most often GAP policies are much more costly through the dealer than with us and those policies cover the original loan, not the refinance.  Once you have these documents you are ready to apply.

Q: How do I get these documents to Maple?

A: These documents can be faxed to 337-233-6234, emailed, or dropped off at our off at 105 Toledo Drive in Lafayette.  Choose whichever process is easier for you.  

Q: Does it cost anything for me to refinance with Maple?

A: The only additional cost to you is 50% of the DMV fee which is currently $57.50.  This fee can be included in the financing for all qualified borrowers.  

 

 

 

Equal Housing Lender National Credit Union Administration