We're Here to Help (315) 735-8571

How to Get Pre-Approval for a Motorcycle Loan

June 20, 2017

Rider traveling down the road on a motorcycle they financed

Learn what you need to know about pre-approval

Once you have all your information in place and are ready to apply for your motorcycle loan, how do you go about getting pre-approved? Is it worth the effort? You may even be asking, “What exactly is pre-approval?” We’re here to answer your questions.

How Do You Apply for Pre-Approval?

You start by submitting a preliminary application for your loan. After we review your credit standing and other factors discussed above, if you qualify, we can recommend a loan. We’ll tell you how much you can borrow, the interest rate, and what the terms of the loan will be.

Is There a Commitment?

When you get pre-approved, you don’t have to make any commitment to get the loan. It’s just ammunition to help you negotiate your motorcycle purchase with the dealer. You can always change your mind. To pre-approve you, we would make sure that your financial standing details are confirmed. Then once you choose a bike, we will need to make sure the loan is worth the value of your purchase before final approval. 

Why Get Pre-approval?

First, you’ll know exactly how much you can borrow. (You can get a rough idea by viewing our motorcycle loan rate page or using our motorcycle loan calculator.) This way you save yourself time and trouble by focusing on the type of bikes you can reasonably afford. 

You can also go into negotiations with the confidence of someone who has cash in hand; you know you can obtain the amount needed, which can also make pricing clearer from a dealer who might otherwise try to sell you on financing options.

Live Smarter

We make it easier for you to apply for loan pre-approval. See what a Motorcycle Loan includes, then Live Smarter by making an appointment with one of our representatives for your financing.

 


 

Subscribe


Archives


Categories


Tags

​charity “best “debt “savings 529 about account account” adults advice American Cancer Society animals Auto auto loan back bad credit bank Berowski bike Blog Blog Posts Blogs Blue boat loans borrow Branch breach budget business camper cancer Car car loan Card Challenge charity Check checks children Children's Museum Christmas Chuck College Comets Community compounding consolidation” conventional Corporate Credit Credit Card credit union Dance the Night Away debt deposit destinations dividend donation Dream earnings education Entrepreneurs Equifax equity FHA Fical Finance Financial financial literacy program financing First First Source Federal Credit Union for Games Genesis giving Go Good Good News Center Goodison-Bick Greiner Group HCCC Health healthy pet loan Heart herkimer holiday home home buying hot tub house Hug Indoor installation interest Investment JD Arrante Jessie Julie Keller KIDS kitchen remodel kristy learn lien lienhouse Lilli living smarter LMV loan Loans Local manage management Marketing Maxam medical Mel member members Michael Mike missing money Money Market Mortgage Mortgages Motorcycle Financing Motorcycle Loan MVCC National Credit Union Youth Month NCMEC Neumann New New Hartford nole North Utica of One Oneida online online safety Only order checks Orsomarso overdraft Pamela paperwork Paralympics Parsons patient pay bills payments personal loans pet care pet financing pet surgery Pete pets plan Posts Power Pre-approval presents President/CEO programs protection purchase QR Questions rates recreational loans Red reduce relief renovation Requirements Resolutions resort resorts ride Rome Run RV Ryan Misencik Safety savings savings” Schools Schumer security Sen. service settlement” Sherman Sinnott Education Center ski resort ski trips sled snowboard snowmobile snowmobile trails social media Source South South Utica spending spots SSHS Staff Stevens-Swan Humane Society students Sue Summer system Tammy Cieslak Tanya Taxes teachers Team teens testimonial the Tiny's Grill Tips Tom travel treatment Tricia trip TV Union Unite United Up Utica Utica Zoo VA vacation vacation financing vacation loan Video Visa volunteer Waggle Walk Walk-A-Thon Way We Wear Wellness Wells Wendy Why wig Wiggle wild Winner winners Winter withdrawal women Women’s Employment & Resource Center Year's York You You’re Young Young Entrepreneurs Academy YWCA