It is a type of long term financing that you can use to purchase a motor home travel trailer or camper.
Best used rv loans.
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.
Our lenders offer loans on new and used rvs including motor homes fifth wheels travel trailers pop up campers and toy haulers.
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.
Take advantage of competitive rates and flexible terms.
This is only an example and the apr and processing fee may differ for your specific transaction.
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.
If you have an existing rv loan we can even help you with refinancing.
Rv loans help finance the purchase of a new or used recreational vehicle.
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.
Make sure you get the best deal on rv financing by using the rv loan calculator below and comparing potential rv loans from multiple lenders.
Are you ready to hit the road.
The good sam finance center offers good sam members.
Learn how rv financing works including rates terms and risks to consider.
The loan term and details for financing a new or used rv or camper are very similar.
Credit scores between 550 and 600 will likely be given financing but the interest rates will be higher.
A score above 640 is generally a good credit score and will still allow you to get a competitive loan offer.
Example of a refinance recreational use rv loan.
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.
An rv loan finances the purchase of a new or used recreational vehicle.
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.
Or maybe you re interested in rv refinancing either way our rv loan specialists can help you with every step of the rv loan process.
To qualify for the best rv financing a score of at least 750 is optimal.