Rates may be higher for loans to purchase an rv from a private party smaller loan amounts longer terms used rvs and a lower credit score.
Best used rv loans.
When you want to take the comforts of home with you on the road suntrust can help with low rates on a loan to finance any variety of motorhome rv or camping trailer.
If you have an existing rv loan we can even help you with refinancing.
A 65 399 loan includes a 399 processing fee for 5 years with a fixed interest rate of 3 747 would have an apr of 3 99 and 60 monthly payments of 1 96 97.
Learn how rv financing works including rates terms and risks to consider.
It is a type of long term financing that you can use to purchase a motor home travel trailer or camper.
Credit scores between 550 and 600 will likely be given financing but the interest rates will be higher.
On average rv loans range from 10 15 years but many banks credit unions and other finance companies will extend the term up to 20 years for loans of 50 000 or more on qualified collateral.
Take advantage of competitive rates and flexible terms.
Whether you re looking for 5th wheel financing motorhome financing or travel trailer financing getting a new or used rv loan is easy with the good sam finance center.
Whether you re looking for rv financing for a new or used motorhomes 5th wheel or travel trailer you can count on a hassle free experience from the beginning to end.
To qualify for the best rv financing a score of at least 750 is optimal.
Example of a refinance recreational use rv loan.
If you score is lower don t worry just yet.
The good sam finance center offers good sam members.
An rv loan finances the purchase of a new or used recreational vehicle.
Our lenders offer loans on new and used rvs including motor homes fifth wheels travel trailers pop up campers and toy haulers.
A score above 640 is generally a good credit score and will still allow you to get a competitive loan offer.
This is only an example and the apr and processing fee may differ for your specific transaction.
Are you ready to hit the road.
The loan term and details for financing a new or used rv or camper are very similar.
Rates as low as 5 24 apr annual percentage rate are available for 4 year rv loans 25 000 and higher at 100 loan to value ltv or less on a new rv.
Rv loans help finance the purchase of a new or used recreational vehicle.