Getting pre-approved before you go to the dealer gives you a financial advantage. By getting pre-approved for an auto loan
, you concentrate on finding the right vehicle for you. It gives you the best negotiating power to focus on the price of the vehicle, since you already know what you're pre-approved for, and how much the payments will be.
If you get pre-approved for an auto loan with Mutual 1st Federal, we can provide a pre-approval letter which you can take with you to a car dealer to simplify the buying process.