Requirements for a New RV Loan

• The RV must be no older than 2002
• The amount financeable after a 10% down payment and the sales tax must be $10,000 or more.
• Your credit score must be 680 or above
• Your debt to income ratio must be no more than 40%

Requirements for Refinancing your current RV Loan

• The RV must be no older than 2002
• You must owe more than $35,000 on your current loan
• Your credit score must be 680 or above
• Your debt to income ratio must be no more than 40%

What Does Pre-Approval Mean?

Pre-Approval means you can get approved for a certain amount of money, before you even know which specific RV you’re going to buy. So, if you know you’re going to buy diesel motorhome up to $100,000, you would fill out our pre-approval rv loan application and when asked how much money you need to finance, you’ll type in 100,000. Once you’re pre-approved for that much, you have up to that much money available to you when purchasing your RV. Once you’re found the RV you want to buy and are ready to go through with your purchase, give us a call and let us know exactly which RV you’re buying, and our loan officers will approve the unit and start the paperwork.