There has been a steady stream of news stories about tight credit hurting businesses and consumers seeking loans. How difficult is it to get RV financing?
According to a story on MarketWatch.com, the Recreation Vehicle Industry Association (RVIA) reports that RV financing is still available to well-qualified buyers. Buyers who have good credit and a healthy down payment can still get loans.
RV buyers can often get loans through their dealer, provided by RV financing lenders, local banks, credit unions and fiance companies.
Source: MarketWatch.com
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Greetings, Fellow RV'ers. I have an urgent question and need all advice. I am attempting to buy a used 2010 Heartland 5th wheeler. My bank offered me a rate of 8.25 over 15 yrs until they informed me that they only finance back to 2011.
Who are the best most ethical, safe loan institutions that will finance older RV's? L2V is less than 60%, so that and D2I ratio are low.
Thanx in advance