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Old 07-23-2014, 10:01 AM   #15
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Join Date: Jan 2000
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Changes in federal lending regulations a couple years ago made it more difficult for banks (etc) to make loans to full timers. Some lenders simply don't want to bother with the new requirements. Small lenders may not even be aware that the federal regs appear to classify an RV loan as a "mortgage" and require an escrow, even though the financial industry does not. If the lender calls it a vehicle loan, the rules are different/simpler, but they might run afoul of the feds.
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