|
|
08-07-2009, 08:40 AM
|
#1
|
Junior Member
Join Date: Aug 2009
Posts: 27
|
Motorhome Financing
Good Day All
Does anyone know of a good finance company that doest go thru several companies tring to get you financed. I would like to go thru just one. If I cant get it thru one nosense in tring several different ones
Thanks
|
|
|
|
Join the #1 RV Forum Today - It's Totally Free!
iRV2.com RV Community - Are you about to start a new improvement on your RV or need some help with some maintenance? Do you need advice on what products to buy? Or maybe you can give others some advice? No matter where you fit in you'll find that iRV2 is a great community to join. Best of all it's totally FREE!
You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with other RV owners, see fewer ads, upload photographs, create an RV blog, send private messages and so much, much more!
|
08-07-2009, 09:10 AM
|
#2
|
Senior Member
Damon Owners Club Freightliner Owners Club
Join Date: Mar 2006
Location: North East Texas
Posts: 4,946
|
we used our credit union 100%
__________________
USN Retired, Life time member of the DAV.
Enjoying the 2008 Damon Tuscany 4056, #3998 no your eyes are fine, there are really 6 slides
2022 F150 King Ranch or 2012 Edge toads
|
|
|
08-07-2009, 10:02 AM
|
#3
|
Senior Member
Workhorse Chassis Owner
Join Date: Oct 2007
Location: South Jersey
Posts: 1,083
|
Your looking for a loan broker. They make their money buy adding a percentage to the loan interest, not a good deal. If you do a Google search for RV loan brokers, you will find some.
__________________
Kathy & George Zimm
Mickleton, NJ
2006 Coachman Epic & 2013 Chevy Equinox Toad
|
|
|
08-10-2009, 05:58 AM
|
#4
|
Moderator Emeritus
Tiffin Owners Club Pond Piggies Club
Join Date: Mar 2000
Location: Butler, PA
Posts: 1,829
|
I financed through my dealer, but just used Essexcredit as a milestone to measure the dealer financing offer against. During the negotiation, I let the dealer know they would have to beat Essex's then current rate and I would finance through them. The dealer knowing where they stood did a decent job of getting me a good rate.
__________________
Joe & Shelly, Justin, Tyler, Alyssa | Butler PA 2008 Tiffin Allegro Bus 43QRP|Cummins 425|Honda CRV
|
|
|
08-10-2009, 08:50 PM
|
#5
|
Senior Member
Winnebago Owners Club Texas Boomers Club Freightliner Owners Club
Join Date: Jul 2006
Posts: 929
|
I originally got my loan from Bank of America. I am speaking with someone from Seacoast National Bank who is quoting me about 0.75% less interest (about $50 per month). I am probably going to redo it.
__________________
Michael
2017 Allegro Bus 45OPP, Cummins ISL 450, Allison 3000
|
|
|
08-11-2009, 07:59 AM
|
#6
|
Junior Member
Join Date: Aug 2009
Posts: 27
|
Motorhome financing
Quote:
Originally Posted by George Z
Your looking for a loan broker. They make their money buy adding a percentage to the loan interest, not a good deal. If you do a Google search for RV loan brokers, you will find some.
|
No I am not looking for a loan broker I just dont want some one to run my credit check several times. I either get the loan on the first one or I dont get it at all. I am looking at a 350K purchase But will only need to finance about 120K. Thought about a loan on my house but It is paid for and it feels good to know no one can throw me out of it. I plan to go full timing but will always have the stick house to go back to when needed.
Thanks
Darrell
|
|
|
08-11-2009, 08:55 AM
|
#7
|
Senior Member
Workhorse Chassis Owner
Join Date: Oct 2007
Location: South Jersey
Posts: 1,083
|
Quote:
Originally Posted by chitimacha
No I am not looking for a loan broker I just dont want some one to run my credit check several times. I either get the loan on the first one or I dont get it at all. I am looking at a 350K purchase But will only need to finance about 120K. Thought about a loan on my house but It is paid for and it feels good to know no one can throw me out of it. I plan to go full timing but will always have the stick house to go back to when needed.
Thanks
Darrell
|
If that's the case then obtain your own credit report and take copies to whomever you want to apply to. That way you can get rate quotes from several sources and only have the one with the lowest interest run the check. With 2/3 down approval should be expected but the interest rate will tie directly to your credit score.
__________________
Kathy & George Zimm
Mickleton, NJ
2006 Coachman Epic & 2013 Chevy Equinox Toad
|
|
|
08-11-2009, 09:40 AM
|
#8
|
Senior Member
Newmar Owners Club Ford Super Duty Owner
Join Date: Jun 2009
Location: West Michigan
Posts: 920
|
Quote:
Originally Posted by chitimacha
Thought about a loan on my house but It is paid for and it feels good to know no one can throw me out of it.
|
Just a thought - Home Equity loans are about the best interest rates you can do right now - around 2.5%. You might want to reconsider.
__________________
Dave
2010 Canyon Star 3647
2010 Ford Escape
|
|
|
08-18-2009, 12:52 PM
|
#9
|
Senior Member
Winnebago Owners Club
Join Date: Aug 2002
Location: Indian River, De
Posts: 1,024
|
Quote:
Originally Posted by DandS
Just a thought - Home Equity loans are about the best interest rates you can do right now - around 2.5%. You might want to reconsider.
|
Who is offering rates that low? Is that a fixed rate? That's even 2 points lower than the 6 month teaser rate that I was just quoted by a local bank. Then the rate goes up; possibly way up, to 7%. Seriously, if I could get a 2.5% H/E loan, I'm ready to jump on it and
__________________
CaptBill
USAF 1965-1971; USCG Master
2002 Horizon 36LD
Indian River, De
|
|
|
08-19-2009, 12:57 PM
|
#10
|
Senior Member
Newmar Owners Club Texas Boomers Club Freightliner Owners Club
Join Date: Jul 2008
Location: Don't mess with Texas
Posts: 3,118
|
I want to know about that 2.5% money also.
__________________
Jim with Judy
2017 Newmar Ventana 4369, 2005 Jeep Wrangler (Rock Crawler), 2016 Jeep Wrangler (Mall Crawler)
|
|
|
08-19-2009, 01:13 PM
|
#11
|
Senior Member
Workhorse Chassis Owner
Join Date: Oct 2007
Location: South Jersey
Posts: 1,083
|
Can't find a 2.5% around here. Maybe 5.5% teaser
__________________
Kathy & George Zimm
Mickleton, NJ
2006 Coachman Epic & 2013 Chevy Equinox Toad
|
|
|
08-19-2009, 06:05 PM
|
#12
|
Senior Member
Winnebago Owners Club Texas Boomers Club Freightliner Owners Club
Join Date: Jul 2006
Posts: 929
|
I have a home equity loan and am paying around 2.5%
__________________
Michael
2017 Allegro Bus 45OPP, Cummins ISL 450, Allison 3000
|
|
|
08-19-2009, 06:09 PM
|
#13
|
Senior Member
Newmar Owners Club Ford Super Duty Owner
Join Date: Jun 2009
Location: West Michigan
Posts: 920
|
My Home Equity Line of Credit is currently at 2.41%. This is a variable rate. Those interest rates are out there.
__________________
Dave
2010 Canyon Star 3647
2010 Ford Escape
|
|
|
08-19-2009, 06:36 PM
|
#14
|
Senior Member
Winnebago Owners Club
Join Date: Jul 2009
Posts: 166
|
No way I'd tie a toy to my house ...
Just not wise ..
|
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Discussions |
|
|
|
|
|
|
|
|
|
|
|
|
|