What are the basic requirements for refinancing my current loan with OpenRoad Lending? - OpenRoad Lending

What are the basic requirements for refinancing my current loan with OpenRoad Lending?

Basic requirements to qualify for our refinancing program include the following:

  • You must have a minimum gross monthly income of at least $1,500
    • Income from Uber or similar Taxi services does not qualify
  • Payoff amount of your current auto loan must be between $7,500 and $100,000
  • OpenRoad will finance a vehicle up to eight model years old or newer
  • The vehicle must have 140,000 miles or less

We do not offer refinancing for:

  • Commercial vehicles, motorcycles or recreational vehicles
  • Oldsmobile, Daewoo, Smart Cars or Isuzu vehicles
  • Trucks or vehicles larger than 3/4 ton
  • Vehicles that are no longer being manufactured
  • Applicants who are self-employed
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