Documents Needed for a Auto Refinance Loan

The paperwork you need to get started on refinancing your vehicle

There are several Documents Needed For Auto Refinancing. A variety of identity, residence, income, and vehicle-related documentation is required to refinance a loan.  Different lenders require different documents needed for auto refinancing.  Your unique situation, such as your credit score, your type of income, or whether you are adding/deleting someone on the loan will also dictate which documents are needed.  Not only are the documents collected, but they are reviewed. Your documents need to be current (usually within 30 or 60 days of the contract date), legible and include data that matches the application data.

As your documents contain information that should remain private and secure, it’s important to keep your documents safe.  RefiJet provides a secure portal to safely upload your documents as you provide them for the refinance process.

Documents Always Needed For an Auto Refinancing

Not only will you be required to upload copies or pictures of these documents, but it’s handy to have them available when you talk to a RefiJet FSR because they provide the answers to some of the application questions, such as the vehicle VIN.  In addition, if you have them handy, you can upload them while you are on the phone with the FSR, which helps your refinance move as quickly as possible.

  • Driver’s License
  • Registration
  • Proof of Insurance
    • Some lenders require proof of a certain level of coverage
    • Some lenders require that the lienholder be changed to reflect the new loan
    • Typically require the insurance card

Documents Frequently Needed

  • Proof of Income
    • Typically requires paystub, W-2, tax returns, Social Security letter, or online employer income verification, depending on the type of employment (W-2, self-employed, contractor, social security, seasonal, etc.)
    • Lenders use the verified income when calculating the Payment-to-Income ratio, which is a method of evaluating risk.
  • Proof of Residence (e.g. utility bill, lease, mortgage statement, auto insurance policy, etc.)
  • Title:  if you are in a state where you are responsible for holding the vehicle title, you will need to provide it in order for the title to be perfected for the new lender.
  • Other documentation may be needed depending on the lender, your credit history, and the terms of the proposed loan.

With RefiJet, we know what the lender needs and will make it easy for you to provide the required documents to submit your application and get approved.

Loan Documents

Once you get the good news that you have been approved, RefiJet will contact you with the final terms of the loan.  Each and every item will be reviewed with you so you fully understand what is included and what it costs.  Then, if you decide to move forward with the loan, RefiJet fills out all the loan documents for you, provides them to you through the secure portal. Typically, your loan package will include documents such as:

  • Credit Application:  This document contains the application data that you provided by phone.
  • Note and Security Agreement (NSA) (sometimes called a Promissory Note and Security Agreement):  This is the actual agreement with the Lender for the loan.  It clearly defines the interest rate/APR, loan term, loan amount, and any associated costs, such as the cost of GAP and/or ESC, state fees or taxes, etc.
  • One and the Same Agreement:  This form is used to attest that you are the same person if there are different versions of your name, such as you used your middle name on your driver’s license but not on your previous loan.
  • Application for Title:  This document is used to get a new title that establishes a security interest in the vehicle by the new lender.
  • Odometer Statement:  This is your attestation of the accurate mileage on your vehicle.
  • GAP contract:  If you choose to include GAP in your loan, this is the contract.
  • ESC contract:  if you choose to include ESC in your loan, this is the contract.
  • Risk-Based Pricing Letter/Credit Disclosure Notice:  This is a notice from the lender about how they use your credit in their underwriting and approval process.
  • Military Lending Act Disclosure:  If you are covered by the Military Lending Act (MLA), this is the required notice related to your loan and the protections affording by the MLA.
  • Authorization for Payoff:  This form authorizes the payoff of your previous lienholder through the proceeds of the new loan.
  • Power of Attorney:  This form authorizes a third-party to facilitate the transfer of title and handle other legal transactions specifically related to the new loan.

Once you receive the documents through the secure portal, RefiJet will contact you to describe each document to you, review the itemization in the NSA again, and make sure you know exactly how and where to sign each document.  In addition, we will let you know if your state requires some documents to be notarized.  Our process makes it easy for you to electronically sign some documents (if allowed by the lender), or print, sign and send back to RefiJet with a pre-paid UPS label.

Important Disclosures and Requirements

Customer Consent to Receive Account Information Electronically

The Electronic Signatures in Global and National Commerce Act requires your consent to receive certain disclosures electronically. Please read this section carefully and retain a copy of this document for your records.


Some communications and disclosures with and by on its behalf and on behalf of participating banks, finance companies, and credit unions (hereinafter called “Lenders”) are conducted electronically. However, if you wish to obtain a paper copy of any disclosure to your offer and/or loan/finance offer request, you may write to Yield Solutions Group, LLC (dba at 7555 E. Hampden Ave., Ste. 500, Denver, CO 80231. We will not charge you a fee for a paper copy of the Disclosures you request. RefiJet does not provide any Lenders’ disclosures. reserves the right, in its sole discretion, to stop providing Disclosures electronically. will provide you with notice of any such termination as required by applicable law. If chooses to stop providing Disclosures electronically, will send any future Disclosures to you in paper form.


The applicant and any co‐applicant (collectively, “you”) must consent to receive Disclosures electronically in order to complete the loan/finance offer request process with on behalf of its participating Lenders (as defined above). Your consent will apply to Disclosures you receive from, its successors and assignees, and any Lenders. You may withdraw your consent for receiving electronic Disclosures by notifying at Since is structured to provide some loan/finance offer request related information electronically, not consenting, or withdrawing your consent to receive electronic Disclosures may terminate your loan/finance offer request process. You may withdraw your consent to do business electronically with our participating Lenders at no cost to you. You may do so by contacting the Lender at the mailing address, e‐mail address or telephone number they provide to you separately for such purpose.


In order to use this service, you must consent to receive disclosures including but not limited to the Terms of Service and Privacy Notice electronically and you agree that these electronic disclosures will be sufficient as a “writing” under applicable law.

If you have access to this website, you have suitable hardware/software to access and retain electronic documents.

This consent is valid until revoked by either party.

Please notify us at 1.800.260.5355 if your contact information changes at any point in the refinance process.


This average monthly auto loan payment savings reflects loans where the borrower chose to lower their monthly payment. Not every auto refinance is intended to lower monthly payment. These savings are not guaranteed. Individual savings and rates may differ.

2018‐10‐08 02:30PM MST