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Marylanders: where did you go to secure financing?

Discussion in 'Mid-Atlantic' started by cmyke, Aug 8, 2018.

  1. cmyke

    cmyke Member

    Joined:
    Jan 31, 2018
    Messages:
    253
    Location:
    Silver Spring, MD
    I've seen lots of threads for percentages, but without running my credit a million times through various online applications, it's hard to tell which ones service people who live in Maryland.

    I'm preapproved for a 5% loan, but can certainly do better than that.

    Who did you secure financing through?
     
  2. DarrenK

    DarrenK Member

    Joined:
    Jun 21, 2017
    Messages:
    149
    Location:
    Maryland
    John Hopkins Federal Credit Union. In addition to a low rate, they rebate 1% of the loan amount to you. I did the math, and even though they were a smidge higher than one other credit union (SECU) the 1% payment made it a better deal. Membership is semi-restricted but a lot of folks in this area are alumni and can join (or a spouse can join and then you can join)
     
  3. ewoodrick

    ewoodrick Active Member

    Joined:
    Apr 13, 2018
    Messages:
    1,080
    Location:
    Buford, GA
    I thought that Tesla was lower than that.
     
  4. Bifff67

    Bifff67 Member

    Joined:
    Nov 2, 2011
    Messages:
    288
    Location:
    Northern Virginia
  5. cmyke

    cmyke Member

    Joined:
    Jan 31, 2018
    Messages:
    253
    Location:
    Silver Spring, MD
    Was able to get 2.49% through Tower, based out of Laurel. Thanks, all!
     
  6. cmalinowski

    cmalinowski Member

    Joined:
    Aug 15, 2018
    Messages:
    70
    Location:
    Maryland
    Used Tesla at 1.74% for MS 100D. Think they are higher for other cars, including MS 75D, but not sure.
     
  7. Damien Sandow

    Damien Sandow Member

    Joined:
    Aug 13, 2017
    Messages:
    55
    Location:
    NoVA
    Look into APL Federal Credit Union. If you live, work, go to school in Howard county or have a family member that is a member you are eligible. They do 1.99% on all terms short or long and new or used. They've been great.
     
  8. cmalinowski

    cmalinowski Member

    Joined:
    Aug 15, 2018
    Messages:
    70
    Location:
    Maryland
    Howard County Education federal credit union has 2% as well I believe. I think students in HoCo schools can be members, so I'm guessing that would expand to parents of students, but I don't know.
     

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