|
New & Used RVs
Whether you spend your leisure time on the water or on the road, we can help you relax more often by saving you money. Finance your boat, camper, Jet Ski, or motor home up to the full retail value. For RVs with a loan amount under $10,000, rates are calculated under the terms of regular vehicle loans.
For RVs with a value and loan amount that exceeds $10,000, UIECU offers a 5 Year Balloon note with a fifteen-year amortization. This type of loan makes your payments lower and frees up cash for other uses. At the end of 60 months the member may pay off the balance in full or apply to refinance.
Recreational Vehicles FAQ:
Q. What type of vehicle does the credit union consider a recreational vehicle?
A. UIECU considers boats, jet skis, campers, and motor homes recreational vehicles.
Q. What happens when the 5 year balloon loan is due?
A. The RV Balloon loan matures in five years. At that time, you can choose to payoff the remaining loan balance or apply to refinance the remaining balance, whatever works best for your situation.
|
