Within 60 days of purchasing or refinancing your car, truck, motorcycle, boat, or RV, a Certificate of Title or other proof of ownership indicating State Farm Federal Credit Union as the first lienholder must be submitted to SFFCU. If the lien-recorded title isn’t received within that time frame, your loan’s APR may be converted to our default rate, which is typically higher. In addition, existing Line of Credit account advances may not be approved.
Submitting a Title to SFFCU
If there’s a delay in receiving the title, contact your dealer to confirm they’ve submitted the necessary paperwork to the DMV. If they already have, contact your state DMV to resolve.
Reminders
- The vehicle must be titled in at least either the borrower or co-borrower’s name. No individuals may be listed on the title unless they have signed the security agreement. If SFFCU receives a title that includes additional names, we will require a new security agreement be signed by all parties listed on the title. If your loan is in a business name, both your name and the business name will be required to be listed on the title.
- Non-titled vehicles require Uniform Commercial Code (UCC) filings to ensure SFFCU’s interest as lienholder. Contact your state agency for information.
If you need assistance, please contact your state titling agency for a complete list of all documents and fees needed to title vehicles in your state.
Reminders
- The vehicle must be titled in at least either the borrower or co-borrower’s name. No individuals may be listed on the title unless they have signed the security agreement. If SFFCU receives a title that includes additional names, we will require a new security agreement be signed by all parties listed on the title. If your loan is in a business name, both your name and the business name will be required to be listed on the title.
- Non-titled vehicles require Uniform Commercial Code (UCC) filings to ensure SFFCU’s interest as lienholder. Contact your state agency for information.
If you need assistance, please contact your state titling agency for a complete list of all documents and fees needed to title vehicles in your state.
Reminders
- The vehicle must be titled in at least either the borrower or co-borrower’s name. No individuals may be listed on the title unless they have signed the security agreement. If SFFCU receives a title that includes additional names, we will require a new security agreement be signed by all parties listed on the title. If your loan is in a business name, both your name and the business name will be required to be listed on the title.
- Non-titled vehicles require Uniform Commercial Code (UCC) filings to ensure SFFCU’s interest as lienholder. Contact your state agency for information.
- In accordance with regulatory agency rules related to member business loans there is a maximum total of $49,999 allowed for all loans specifically for business purposes.
- Vehicle loans in the name of your agency or a vehicle titled in the name of your agency are automatically considered for business purposes and will count toward the maximum limit.
- Title(s) cannot be listed in your agency name only. For example, John Agent LLC is not allowed. However you are allowed to list John Agent LLC and John Agent. If the title is received without a natural person name listed it will need to be corrected at your expense.
State Farm Federal Credit Union
PO Box 853944
Richardson, TX 75085-3944
Please see our Frequently Asked Questions – Vehicle Titling page for answers to specific titling questions.