Auto Loans | Lutheran Federal Credit Union
Serving the Lutheran Church-Missouri Synod Community
LutheranFCU. Good for You. Good for the Church.

Auto Loans

If you have just started shopping for a vehicle, you can apply online and get preapproved to determine the amount you may borrow. If you already have a vehicle and would like to refinance it for a lower payment or get cash out, we would love to assist with that as well! 

New and Used Auto Loans

  • LutheranFCU works with auto dealers in all 50 states for purchases. No private party purchase transactions at this time.
  • Also, check out our LutheranFCU Car Buying Service below
  • Loans from $5,000 up to $70,000 available
  • Refinances also available
  • Fixed monthly payments and no penalty for early payoff
  • Competitive fixed interest rates starting at 2.99% corresponding APR of 3.01%*
  • Finance up to 125% of the NADA retail value subject to credit review
  • Our online application takes less than 10 minutes to complete with quick decision response times
  • Loans available for a vehicle up to ten (10) years old

Is the auto you would like to purchase over 10 years old? Check out our Whatever Loan program to finance that purchase.

LutheranFCU Car Buying Service 



Our Car Buying Service powered by TrueCar®

provides a streamlined and hassle-free way to find, buy, and save on a new or used vehicle.

  • Access to a nationwide network of participating dealerships offering established pricing.
  • Saves you time and money at the dealership.
  • Gives members the ability to research and see what other people in your area paid for a similar car.
  • Apply with LutheranFCU to get your preapproval letter

Go to the LutheranFCU Car Buying Service

 What will I need?

Purchase Documents

  • Dealer contact information so Lutheran Federal Credit Union can obtain a copy of your Purchase Order
  • Proof of full coverage insurance and agent’s contact information
  • Proof of Income (See below)

Refinance Documents

  • Statement and/or payoff from your current lender
  • Verification of vehicle information (Copy of title or registration card)
  • Proof of full coverage insurance and agent’s contact information
  • Proof of Income (See below)

Proof of Income

  • Full Time or Part Time Employment:
    Copy of your most recent pay statement showing year-to-date pay and all deductions. 
  • Self-Employment or Rental Income:
    Last two (2) years tax returns including all schedules.
  • Retirement Income:
    Most recent two (2) consecutive months bank statements (all pages) showing the direct deposit records.

How Will I Receive My Monthly Billing Statements?

Each month, an EMAIL notice will be sent to the primary borrower’s email address reminding you that your monthly E-statement is ready for viewing and\or printing. To access your monthly E-statements, just login to your Online Home Banking account, choose “Online Services” and then “E-statements”.

How Can I Make My Loan Payments?

There are many options for setting up your monthly payments. You may set up a one-time or recurring payment by choosing the applicable option under the “Transfers” tab within your Online Home Banking account if LutheranFCU is your primary financial institution. Other payment set-up options include using your online bill pay service from your primary financial institution or you can authorize LutheranFCU to automatically set up your monthly payments by ACH. To set up your payment by ACH, please complete the Automated Electronic Loan Payment form. Once signed and completed, please email the form to or fax it to 314-394-2799. If you don’t have a scanner or a fax machine, you may take a picture of your completed form using your smartphone camera and send it to us that way.

*APR is the Annual Percentage Rate. Rate referenced above is the lowest rate possible for qualified borrowers and is based on underwriting criteria and term of loan. There is a one-time $25 processing fee charged on all automobile purchase loans ($50.00 processing fee charged on refinances). Loan example: $50,000 at 2.99% for 60 monthly payments of approximately $898.219 with corresponding APR of 3.01%. All loans are subject to approval. Additional terms and conditions may apply.