Frequently Asked Financing Questions

Are there any application fees associated with my RV loan?

There is no charge to submit your application to us.

What about private party transactions?

Yes, we can help accommodate private party loans/transactions.

Is there any prepayment penalty if I pay my loan off early?

No, there is no prepayment penalty.

I am self-employed. Can I still get a loan?

The majority of our clients are self employed. We understand the complexity of underwriting self employed applicants.

Is my information private/secure?

We have taken every step that technology allows to keep your information private, including using 128-bit encryption.

What Terms are available?

Terms are available from 1-20 years, depending on the loan amount, the year of the vehicle being financed, and the creditworthiness of the applicant.

What is the lowest interest rate available for me?

Interest rates are determined by the loan amount, the year of the unit being financed and the creditworthiness of the applicant. We will be happy to quote a rate and term over the phone specific to each individuals purchase.

How long does the loan process take?

An application can be filled out at your convenience online or printed and faxed in. A credit decision or pre-approval can be made in as little as one business day and all closing paperwork is sent by express mail services. Most loans are completed in five business days from start to finish.

Does RV Lending Refinance?

Yes, RV Lending Group refinances existing loans on motorhomes, RVs, trailers, and boats.nterest rates change and sometimes they go down.  Refinancing your motorhome, RV, trailer or boat with RV Lending can save you money and offer a lower monthly payment.