Convenient Online Loan Payment
Make a free online loan payment using your checking account from another financial institution using our Loan Payment Portal.
Convenient Loan Payment Options
Set Up Direct Payment
Have us set up an automatic monthly payment to ensure your payment is always on time. Just complete this one-time form!
Online Banking & Mobile App
Paying with a LorMet Checking or Savings Account? Make a one-time payment with the LorMet Mobile App or Online Banking.
VEHICLE
Auto Loan Rates As Low As 6.39% APR*
- No Prepayment Penalty
- Finance a term of up to 78 months for new and used
- Up to 115% financing on new vehicles
- Make payments easily online or with the LorMet Mobile App
* APR = Annual Percentage Rate
The Best New And Used Car Dealers
Visit LorMet’s preferred local dealerships for a unique car-buying experience
89
+
Years Of Experience
$ 265
+
Million in Assets
21
K+
Loyal Members
$ 1
+
Billion Loans Granted
Vehicle Loan Rates
Explore our low rates for both new and used vehicles
| Loan Type | APR* | Term |
|---|---|---|
| New Auto | as low as 6.39% | Up to 78 months |
| Used Auto | as low as 6.64% | Up to 78 months |
| New Motorcycle | as low as 6.39% | Up to 72 months |
| Used Motorcycle | as low as 6.64% | Up to 72 months |
| New Boat | as low as 6.39% | Up to 72 months |
| Used Boat | as low as 6.64% | Up to 72 months |
| New Jet Skis, Snowmobiles, & ATV’s | as low as 6.39% | Up to 72 months |
| Used Jet Skis, Snowmobiles, & ATV’s | as low as 6.64% | Up to 72 months |
*APR = Annual Percentage Rate. Rates and terms subject to change without notice – the information provided does not constitute a loan commitment. All loans are subject to underwriting policy and guidelines, credit verification, and credit repayment history. Rates effective as of July 1, 2025.
Rates quoted are offered depending on the individual’s credit score. Qualifying factors include, but are not limited to, vehicle mileage, negative equity allowances, amount, and condition. TransUnion FICO Auto Enhance Score of 740 or above is required for LorMet’s lowest possible rate. Vehicles currently financed with LorMet are excluded from this offer. The APR listed above is for in-person direct member financing, which includes a loan documentation fee and maximum term financing. Indirect or on-site dealership financing offered by LorMet may have slightly higher APRs for new members. Not all applicants will qualify for the lowest APR or maximum term. All loans are subject to underwriting policy and guidelines, credit verification, and credit repayment history. Advertised rates and terms are subject to change without notice. Other rates and terms are available.
Loan payment example: For $25,000 borrowed at 6.39% APR for a term of 78 months, the monthly payment would be approximately $392.51. APR and payment may vary for other loan amounts and repayment terms. Calculate loan payment examples using our Loan Payment Calculator.
Lease Buyout, Car Refinance and More
Enjoy additional benefits as a LorMet member customer
Refinance
Your Car
Your Car
Private Owner Purchase
Motorcycles
ATVs, Boats & RVs
Lease Buyout Financing
Refinance
Your Car
Your Car
Car Refinance Loan Rates
Take advantage of our low rates! Refinancing your loan from a different auto lender could lower your monthly payments.
Low APR vs Rebate
Find the best deal for you using our Low APR vs. Rebate Calculator
89
Years Of
Existence
Tim Alcorn, Radio Voice of the Cleveland CavaliersMy children have all had Auto Loans through LorMet. It was outstanding, I’ll never forget that.
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Raymond StarrLorMet made it really easy for car loans, the interest rates were up front and posted.
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Niya KnoxThey gave me the best info about how my money was going to work for me.
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Kevin GuzayIt was very reassuring to know, when getting a loan that they really will stick up for you.
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Bob SetlockWe’ve banked in many communities, this is the best we’ve ever belonged to.
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