Applying for an RV or Boat Loan through the RV Lending Section at FINDRV.COM is easy. All you need to do is click on the RV Lending Section from the left side of the menu. Browse through the various RV and Boat Lending Partners that interest you and one done, click on Quote Request to send Loan Overview Details to Top and most competitive RV/Boat Lending Providers in the USA. Alternatively, you can click through to the RV/Boat Lending Partners Website and complete an online application. If you have any questions, you can call us at 866-599-FIND (3463).
2. What is an online application ?
An online application is simply a series of questions that you complete in order to request your RV or Boat loan from RV/Boat Lenders.
3. Will my RV/Boat Financing details that are provided be secure and safe ?
Your data will remain confidential and secure while in transit over the internet. All information is for loan request purposes only. At no time will we ever share your information with other 3rd parties. Please see our Privacy Policies for more details.
4. Is it possible to be pre qualified for an amount before I start looking ?
Yes, you can be pre-approved before you even shop for an RV, it is not necessary to have a signed contract to purchase.
5. How many loan institutions will see my loan request ?
Depending on your credit score, one major institution will be reviewing your application.
6. What is the overall loan process and what is the best way for me to get started ?
#1 Find the value of the RV or Boat you are interested in. #2 Calculate your monthly payments to see that you can afford them. #3 Fill out the online application or hard copy document and return it thru e-mail or fax it to our office. #4 If accepted review your loan offer and close on your loan.
7. Are you going to sell or share my information later to anyone ?
No, Under no circumstances will we sell or share any personal information about you to any person or organization, except to lenders in our network, or authorized agents, as may be required by law or court order.
8. What if my credit is not so good ?
We understand that "Stuff Happens". We work several RV/Boat lenders who have special programs for individuals with below par credit.
9. How long of a term can I get ?
It depends on the amount you're financing and the age of the RV. Most loans over $ 100,000 can be financed for as long as 20 years. Loans between $ 25,000 and $ 99,999 would have a maximum term of 15 years.
10. Can I obtain a loan for upgrading my existing RV ?
If your current loan balance (or if you own the unit free & clear) plus 80% of the cost of the upgrade is $25,000 or greater, the answer is YES. However, the new loan can not exceed 80% of the current market value of your RV.
11. What if I just want to know who can provide the most competitive rates without actually completing an RV/Boat Loan application?
The best way to get an overview of the best RV Lending rates is to complete the high-level RV/Boat Loan Quote request form on the RV/Boat Lending Section of the FINDRV.com website. We will have several top RV/Boat Financing partners contact to discuss competitive RV Financing Rates for your review and consideration. There is no obligation and the application is completely free. Once you determine that the rate meet your shopping criteria, you can proceed with completing the online application process.
12. Are RV/Boat Loans Tax Deductible?
At FindRV, we are not specialists related to Tax Matters as it relates to RV/Boat Loans and it is always best to have your CPA answer questions such as this. However, we are told from experts in this industry that if an RV will be used as a personal residence or if you plan to rent or lease your RV/Boat as part of a legitimate business, there are substantial tax benefits that can be realized on an annual basis. We suggest that you contact a CPA or other competent tax specialist to analyze and review your personal financial situation. Due to the size of several RV/Boat Loans we see in the marketplace, it is always good idea to brainstorm with your CPA to discuss the overall impact on your personal income tax situation now and through the desired term of owning your RV/Boat. If your CPA does not have the skills necessary, give us a call and we can recommend CPA's that handle these types of matters for existing clients.
13. What is the current interest rate for an RV/Boat Loan and how do I determine who has the best rates??
Interest Rates for RV's or Boats vary from time to time and dependant on many other market variables just as all the other type of loans in the marketplace such as mortgage and auto industry. Interest rates also vary depending on the amount being financed, along with the year, mileage, condition and most importantly the credit rating of the applicant. Whether you are just browsing and comparing best rates, we highly encourage that you complete the RV/Boat Loan Quote Request to get immediate information related to your RV/Boat Loan acquisition requirements. As stated above, you can call Toll Free and talk to a live rep within minutes or submit the quote request and start comparing RV/Boat Loan Finance rates online. In most cases, you will receive feedback from our partners within 24 hours.
14. Are their Minimum and Maximum loan amounts associated with RV/Boat Loans?
We find that most RV Lending Providers require a minimum of $10,000. However, some RV/Boat Loan providers require a minimum of $20,000. Most lenders do not necessarily have maximums as this is usually dependent on your financial situation and what you are capable of affording.
15. With an RV/Boat Loan, do I have to provide a down payment?
In most of the RV/Boat loans that we see, we find that most RV/Boat Lenders require a 10% down payment and the RV Lending Provider will usually finance the remaining 90% of the loan. If you are financing an RV/Boat through a business, the amount most lender providers will require is usually closer to 20% down due to the increased risks involved with these types of loans. These down payment requirements vary for each lender so I would suggest you allow us to help you shop and compare.
16. What are typical RV/Boat Loan Terms I could expect?
Most RV/Boat Loans that exceed $10,000 can be extended for 10-15 years. However, there are several variables that will be considered such as age of applicant, value of RV/Boat you are financing and overall credit rating. On new RV/Boat Loans we see RV Financing terms that is being offered for 20 years. Talk to our RV Lending Provider partners today to discuss your personal situation.
17. What if I decide to pay off a loan prior to the end of loan term? Is there a penalty for early pay-off?
Penalties are not applicable to “simple interest loans”. If you decide to make payments on your loan that are in excess of the required monthly payments, you will substantially decrease the term of your loan and this will result in a reduction in overall interest expenses. You can always pay-off your loan in full at anytime. Any other terms outside of Simple interest terms are best discussed and answered by our RV/Boat loan specialists.
18. If we complete the Online Quote Request, how long will it take to get a response from an RV Lending Provider?
You can always contact our partners directly within minutes if during normal working hours. However, if you complete a quote request after hours, you should expect a response within 24 to not more than 48 hours. Normally, we see immediate response as our RV/Boat Loan Provider Partners are eager to earn your business. Please be sure to tell them you found them on FINDRV.COM.
19. Can I get Pre-Qualified prior to choosing an RV/Boat or starting the shopping process?
If you are buying a new RV/Boat, it is a good idea to get pre-qualified as this will allow you to negotiate the best the best price with the RV/Boat Dealer without having to worry about loan terms. This also allows you know exactly how much you can afford and will allow you to choose the RV/Boat that best meets your budget. This will assure you do not over-spend and exceed budget limitations.
20. Are their limitations as to the types of RV’s or Boats that can be financed through the FindRV RV/Boat Lending Providers?
The RV Lending Providers that we work with provide loan terms and financing on both RV's and Boats. As it relates to new and used RVs, these RV Lending providers loan on Class-A Luxury Diesel Pusher Motorhomes, Standard Class-A Gas Motorhomes, Class-C Motorhomes, 5th Wheels, Park Model Homes, Travel Trailers, Pop-Up Camper Trailers and Toy Haulers. For Boats, we find that RV Boat Loan Providers loan on almost all of the most common and typical Boat types. If you have a particular request that you are not sure is covered, please send us your question and we will respond within 24 hours.
21. What are the costs associated with an RV/Boat Loan?
We find that most lenders will not charge an application fee on your loan. However, the fees vary by RV/Boat Lending provider. This is a question that is best answered by our RV/Boat Lending Providers or as a result of your overall online comparison shopping process.
22. Can I refinance my existing RV/Boat?
Refinancing your RV/Boat could result in a lower interest rate and possibly a lower monthly note payment. lately, interest rates have decreased, which can lead to significant savings on your loan. In some case, depending on the value of your RV/Boat, you can extract cash that can be used to fund other investment projects such as debt consolidation, additions to your home, new vehicle, family vacation or whatever else you chose is most important in your life based on your personal financial situation.
23. What is the impact if I am late on an RV/Loan payment?
We always suggest you make your payments on time as your credit rating is at risk. Most RV/Boat Lending Providers do have firm policies about being late and the impact associated. While these policies vary by RV/Boat Loan providers, we find that most will provide a 1--day grace period. After the 10-days, you are subject to a late fee and your credit becomes at risk.
24. If approved for an RV Financing Loan , how are the funds sent?
The funding process will be dependent on the type of loan you are receiving. if you are receiving a loan on a New RV/Boat Loan, these funds are usually sent directly to the Selling organization. If your loan is a Refinance, in many cases, the funds will be sent directly to you if you and the current lien-holder according to equity in the loan.
25. Can I have my loan auto-deducted from my bank account?
Most lending providers allow auto-deduction and this is agreed upon during your online loan application process or at closing.
26. Is RV Insurance necessary prior to applying for an RV Loan from the FindRV Lending Providers?
While it is not a requirement to have RV Insurance prior to completing your online application for an RV Loan, it is required to have RV Insurance prior to closing on your loan. You can find several top RV Insurance Providers on the RV Insurance section of FINDRV.COM.
RV Insurance
1. Are recreational vehicles covered under my homeowner policy?
Only if they are registered for the road and are used for the maintenance of the premises. You need to purchase specific insurance for recreational vehicles that are taken over the road whether they are registered or not.
2. Will my truck policy cover my travel trailer ?
Your auto policy will provide liability coverage while the travel trailer is attached or being towed.
3. Does my Motor Home Insurance cover Mexico ?
Only Other Than Collision coverage is provided for accidents that occur in Mexico less than 25 miles from the border on trips that are less than 10 day in length. You should purchase Mexican auto insurance to cover the days of travel in Mexico before traveling there.
4. Why do I need to buy RV insurance?
RV insurance policy covers claims that a regular auto insurance policy does not. It is like combining a house and an auto policy in one.
5. Is a motor home Insurance policy just like a regular auto policy
For basic coverage such as liability, Other Than Collision/Collision. But they offer specialized covrage's that the typical auto policy doesn't, like contents, awnings, tow dollies, roof a/c's etc. to name a few.
6. Why shouldn't I add coverage for my motor home to my auto policy ?
If your RV was destroyed, you would have to file a claim with your auto carrier as well as your homeowners for your personal effects. In most cases that would mean two deductibles. With an RV policy, you'll have one claim, one company, one deductilble.
7. What is personal property coverage on my RV ?
This covers items that you take on board your RV, such as housewares, tools, clothing and sporting equipment, etc. for their full replacement value. Although these items may be covered by your homeowners policy, typically only 10 % of your homeowners coverage extends to off-premise property. This is usually not enough to cover the items in your RV.
8. When I add items such as awnings, satellite dish, etc. are they then covered by my motor home policy ?
Yes, motor home insurance covers these items automatically.
9. Is the vehicle I'm towing behind my motor home covered.
No, the towed vehicle would be covered under your personal auto policy.
10. What is Vacation Liability Coverage ?
This pays for bodily injury or property damage to others occuring at your vacation campsite. This coverage may vary between insurance companies. It would be best to check with your specific carrier.
11. What is emergency expense coverage ?
Reimburses you for expenses incurred following an accident or other covered loss. Pays for hotels and transportation if your coach is incapacitated. This can vary between companies, you should choose the dollar amount for maximum reimbursement.
12. What is Full Timers Coverage ?
Provides comprehensive personal liability, stored personal contents, and additional living expenses for those living full-time in their RV. Check with your specific carrier for availability.
13. TEST
Test
RV Extended Warranty
1. Why do I need to buy an extended service warranty?
When you purchase an rv, there's always a chance of having a mechanical breakdown. Buying the extended service warranty will give you peace of mind knowing most problems can be taken care of with just a phone call.
2. Is my service plan transferable if I sell the vehicle?
Yes, your service plan can be trasfered over to the buyer.
3. Can I cancel the extended warranty if I sell the vehicle?
Yes, the extended service warranty is cancelable at any time; however, some owners have found that it's easier to sell the vehicle if they just transfer the plan to the buyer.
4. Where can I have work performed?
At any qualified repair facility.
5. I already have an Emergency Roadside assistance program. Why do I need an expended warranty policy too ?
Emergency Road service will tow your disabled vehicle into a Service Center.
The extended Warranty policy then takes care of fixing your unit, paying the cost of covered repairs which are listed on the contract. Some of these policies will cover some of the cost for towing but usually not enough for what the actual tow bill will run on a large motor home.
6. Does this type of warranty pay for parts & labor ?
Yes! Parts and labor are included for ALL covered repairs.
7. Do I have a deductible on the repairs ?
Most extended service companies have a deductible on the repairs,and most are per visit. This means you only pay one deductible per vist and could have several covered repairs done at once.
You would be smart to look over the policy prior to the purchase to see what deductible rules pertain to the policy you are interested in buying.
8. Can I use an Extended Warranty for routine maintenance ?
NO! These types of warranties are for unexpected breakdowns, not the day-to-day servicing of your RV. With that said most of these types of companies require that you keep service records.
These records should be done according to the manufacturers requirements and will be required in the case of a major covered breakdown.
9. Once my unit is repaired, Who pays the bill ?
The service administrator for your particular warranty company will pay the bill for the authorized covered repairs. You should only be asked to pay any applicable deductibles or betterment.
10. If there is a major repair need for a covered item can I have the cost applied toward a new item ?
In most cases a warranty company will allow a client to do what is called "betterment". This allows you to apply the amount of the covered repair toward the cost of replacing the item with new, you pay the difference. This must all be approved prior to any work being done as with all other repairs.
11. If I'm on a trip and my motor home breaks down how does extended warranty help ?
With an extended warranty, when you break down you take your unit into a Service Center. Then have the Service Center call the toll-free number. Your problem then becomes their problem, they take over the process for getting the work authorized and completed.
12. How likely is it that my RV will break down ?
The odds go up with every passing year. Different company records will vary but for the most part it has been shown that 3 out of 10 motorhomes will need major repairs in only their second year. This goes up to 8 out of 10 the fifth year, and almost all of them need major repair in their eight year.
RV Campgrounds
1. Traveling with pets
In our experience and having browsed many campground directories it appears that most campgrounds will allow pets as long as they are restrained in some way. Most parks that don't allow pets tell you in their ad or listing in the guide books Happy camping.
2. What Campground Guide should I get?
Most RVers agree that the 'Trailer Life' directory is the best on the American market, it's updated yearly, lists information for nearly every campground in the US. The Woodahls' directories are also excellent, they publish an East, a West, and a Tent campers addition.
AAA campground guides are thinner, but contain very well selected CG's. This has been our mainstay since we discovered them a couple of years ago.
Occasionally travelers will be surprised as they take various items through various states. Information about how long can my rig be when I drive through state X, and how can I take my propane tank through a tunnel are well covered in the Trailer Life Campground guide
Take your First Aid Kit with extra bandaids. Animal Bites: Bites that break the skin can cause infection.Seek medical attention. Falls: If unconscious or was unconscious may have a concussion,seek medical attention. Do not move the subject Knocked Out Tooth: Baby teeth need not be put back in.Permanent teeth need to be handled by the crown never by the the root. Rinse gently with saline solution if possible,use tap water only as last resort because it contains chlorine. Place back in socket and hold it in place until you get to the dentist.You may have saved the tooth.
Heat Exhaustion or Heat Stroke:
(To Avoid,Drink Plenty Of Water)
Bring subject into shade immediately.If temperature is 105 degrees Fahrnhelt seek emergency medical help immediately.
Lie subject down,place in cool water if possible or sponge bathe,elivate feet slightly. If outside, cool subject with spray from hose. If alert,give small sips of cool clear fluids. If vomiting, place on their side. Monitor temperature. Heatstroke can be fatal.
Spider Bite:
Most spider bites cause mild reactions. Severe reactions are: Swelling,Difficulty breathing,Swallowing,Chest tightness when breathing,Dizziness or fainting,Abdominal pain,Joint stiffness,Fever Seek Medical Attention.
5. ACTIVITIES AT CAMPSITE
Bring games to play
Go on a nature discovery hike
Craft projects made from the hike
Campfire stories
Color create your own postcards
6. Do Campsites Require Reservations?
In many cases you can just pull into a camping ground. However if you know where you are going it would be advisable to call ahead. Also, depending on the season, availablity will vary.
7. How much Do Campsites Cost
Rates will vary depending on time of year, facilities, location, and availability. Prices can range for a full hookup from $10 to $50 a night and services will vary. Many offer shuttle service, etc., to assist in your camping needs.
8. What is the difinition of an RV Park or Campground
An RV Park or Campground is defined as any area of land designed for camping or outdoor recreation. All or some of the camping sites provide utilities for water, sewer, electrical power, cable and or telephone hook-up.
RV Storage
1. Is there power in the storage units to plug my RV in?
Most covered storage facilities do offer electricity to plug your RV in for battery charging purposes only. However, do call in advance to make sure the facility offers electricity before renting storage.
RV Service Provider
1. Should I run my generator under a load each month ?
Yes, it is recommended by the generator manufacturer's as fuel can become "gummy" and moisture can condensate in the oil system when the generator is not used for a long period of time.
2. How often should I service my Rv appliances ?
Once a year, as insects can create improper operation of all the LP appliances . This should be done even if your unit is stored.
3. Is it OK to walk on my roof ?
Most models of RV's are constructed to accommodate this, however most Lite models are not. NOTE: Special instructions are to be followed when accessing an RV with a rubber roof.
Refer to your owners manual to make sure.
4. What advice do you have for preventing tire sidewalls from cracking ?
You should use a tire preservative and cover the tires with some form of tire shield this will help maximize tire life.
5. What advice do you have for a refrigerator that doesn't cool as well in the summer months.
Make sure the refrigerator is turned down to at the thermostat during warmer weather. Also a thermostatically controlled cooling fan installed at the back of the unit is highly recommended, this will keep the air moving over the cooling coils.
6. I can't get air to my inside daully tire what can I do ?
Install valve stem extensions, this will allow you to check pressure and add air conveniently.
7. Do RV covers help prevent sun damage ?
They not only help prevent sun damage, they also prevent water damage while your RV is in storage. They are however difficult to install, but their worth the effort.
8. How much weight/cargo may I carry ?
Take the GVWR (Gross Vehicle Weight Rating) Subtract your UVW (Unloaded Vehicle Weight) this will determine your cargo allowance.
9. Is it necessary to have a Weight Distribution System when towing ?
Depending on the tow rating of your tow vehicle. Keep in mind the normal undercar receiver is only rated at 5000# when you use a WDS that increases the capacity to 10,000#. You must be sure that your vehicle can pull the weight required even though the proper system is rated to do it.
10. Should I buy an Aluminum or Fiberglass constructedtravel trailer ?
There is an advantage to both the aluminum unit will be lighter weight, the fiberglass is more durable and certainly easier to repair when damaged. You'll find the fiberglass is also much easier to clean.
11. When should I have the wheels service on my 5th wheel or travel trailer ?
Every 10,000 miles or once a year. Haveyour wheels inspected completely and the bearing's repacked they will at that time determine any needed brake shoes, magnets, adjuster springs, etc.
12. I have a waste tank oder in my unit what can I do ?
First make sure the tank is completely empty and rinsed out well, then check the soil vent for blockage and then treat the toilet with proper chemicals as per the instructions. To prevent odor simply keep water in your toilet bowl.
RV Rental Dealer
1. Do I need a special driver's license to drive a motorhome?
No. However, you will need to be at least 25 years of age with a valid driver's license.
2. What kind of gas mileage does a motorhome get?
The mileage depends on the size of the unit and the dirving conditions. Usually, you will get between 8 and 14 miles per gallon.
3. What are the different classes of motorhomes?
There are four classes, but when renting there are really only two styles used. The class A is the bus style body unit with the panoramic windshield and the class C style has the van cut away body with the over hang.
4. Are we allowed to travel out of the U.S. ?
Most travel agencies limited you to the contiential US. However, some rental agengies require that you obtain additional insurance to travel to other countries outside the USA.
5. Are motorhomes difficult to hook-up?
No. Upon departure you are given a 30-60 minute walk through course to help familiarize you with the hook-ups and the overall operation of the unit while it is in your care, custody and control.
6. Does the motorhome come with a TV, VCR or stero?
Yes. Most of the units are equipped with a TV, VCR, stero AM/FM radio. Other will also include a CD and DVD player.
7. Is there a limit to how many people allowed to ride in a motorhome?
Yes. The law states that the number of seatbelts in a unit determines the number of people allowed to ride. Keep in mind the number of seatbelts vary according to the unit.
8. How many miles to the gallon will a motorhome get?
The miles per gallon will vary depending on the size, and type of unit; as well as the road conditions.
9. Are pets allowed in the motorhomes?
Yes. However, a pet deposit is required upon departure.
10. Is smoking allow in the motorhome.
No, absolutely not. All rental units are strictly non-smoking. Normally, there is a $1000 cleaning and deodorizing fee plus full repair fees for any burns or smoke damage.
11. Is the motorhome self-contained?
Yes. Motorhomes are fully self-constained with onboard generators to power the unit, complete kitchens, restrooms, and living area.
12. What is the cost to rent a motor home?
The cost to rent a motorhome vaires depending on the size of the motorhome, the desired dates of your rental, the number of people traveling, the destination and any additional special requests you might want to include. Normally, a RV Rental Dealer is happy to prepare a rental quote to fit your needs.
For Rent By Owner
1. What types of RV's can I rent?
All types of RV's can be rented by owners. Class-A's, Class-C's, Class-B's, Travel Trailers, Pop-Up's and others depending on the needs of the rental agent you are renting through.
2. Can I use my unit when I want to?
In most cases you can, if it doesn't cause scheduling conflicts. If you sch
