Online RV Loan Refinancing
Refinancing your new RV loan can be an easy, straight-forward process. As an RVer, you are likely among the 98.5 percent of RV financing customers in good standing and trusted by RV lenders willing to extend RV loan terms and refinance. You can save a significant amount of money by refinancing your RV, boat or motorhome loan now with record-low interest rates, and make more affordable monthly payments.
Over the years of your RV loan, a difference of two or three percent each year adds up to thousands of dollars you can save on your RV loan by completing a basic RV loan application. You may choose to apply those savings to paying off your loan more quickly and save even more money, or invest your savings elsewhere. And, of course, a lower interest rate can lower your monthly payments making them more affordable.
As a RV owner, you've already been approved for one RV loan. Timely payments on your original loan make you an outstanding candidate for RV refinancing.
You may be concerned that your credit rating is lower than at the time of your original recreational vehicle purchase, compromising your ability to refinance your RV, motorhome or boat loan. You can prepare yourself for your RV refinancing by obtaining and reviewing a copy of your credit report before applying for your RV loan. This review allows you to catch and correct any errors, improving your rating as much as possible. You can obtain a credit report by contacting Equifax at 1 -800-685-1111, Experian at 1-800-520-1221 or Trans-Union at 1-800-916-8800. Remember: Each time you request a credit report your rating is temporarily lowered, so if you believe your credit is good simply forgo this step.
What To Know About Your Credit
If you have had credit problems, be prepared to discuss them honestly. Recreational vehicle loan professionals know there can be legitimate reasons for credit problems, such as unemployment, illness or other financial difficulties. If you've resolved such problems and your payments have been on time for a year or more, your credit may be considered satisfactory. If you have bad credit all other aspects of your RV loan need to be in order, including evidence of equity, stability, income and assets. Late mortgage payments or bankruptcy can do significant damage to your credit rating.
You Can Save Time And Money Refinancing your RV Loan
You can refinance your recreational vehicle online and save both time
and money. While conveniently applying online from the comfort of your
home,from the comfort of your home, you may be able to take advantage of
lower RV, boat and motorhome interest rates and better financing terms
generally offered by online RV refinancing companies. PRC Financing offers
both competitively low interest rates and friendly RV financing terms,
and specializes in recreational vehicle refinancing. Click
this link to see how much you can save on RV refinancing.
In addition to considerable savings, you are guaranteed the professional service that will make your experience buying a recreational vehicle a pleasant and satisfying one. New and repeat RV refinancing customers agree: They haven't received better treatment or found better RV loan deals anywhere.
We are pleased to provide you with this very special program for recreational vehicle refinancing:
Refinancing Program Qualifications:
1. Loan amounts for $25,000 or more are eligible.
2. Written recreational inspections may be required on certain loan requests at the discretion of the bank
3. Current RV must be in the borrowers name.
4. Finance amount must not exceed the current payoff balance.
5. Cash-outs or refinancing of any recreational vehicle currently free and clear are not eligible.
6. LLC's do not qualify for a refinance.