Getting financed when fulltiming - RV-Dreams Community Forum

road of happy destiny · RV-Dreams Family Member

Getting financed when fulltiming

Technomadia · RV-Dreams Family Member

Getting financed as a full timer without a fixed address can be difficult. The folks over at Escapees have a relationship with Alliant Credit Union, who apparently will finance full timers (providing of course they meet all other qualifications). Haven't needed it or used it ourselves, just passing along what we've read about.

- Cherie

3fortheroad · RV-Dreams Family Member

We are full-timers and financed our new 5ver through our Credit Union. Even with a excellent credit rating I had to remind them that we had been with them for over 20 years and no black marks on our credit credit history. Our salesman said that the banks were really tough on full-timers and he had several prospects turned down.

bigredoes · RV-Dreams Family Member

Essex credit has been working with RV's for years.....we also recently refinanced thru Costco - which went right thru Essex

Terry and Jo · RV-Dreams Family Member

I don't know if you are a military veteran or not, but you might try USAA. It used to be one had to be an active or retired officer to join USAA, but they've since opened it up for all veterans, regardless of rank.

While my memory is not a stellar one, I seem to remember someone saying that they got approval for their loan even though they were full-timers without a "permanent" address. I do strongly advise asking them before joining if that is an option for you.

Terry

road of happy destiny · RV-Dreams Family Member

Thanks everyone for the really good suggestions. We are financing our truck through a credit union, so that may be an option, We hadn't thought about USAA. We are members, so that's a good lead to follow. We have a few months to do some research and that gives us some time to research this

Tom and Fran

-- Edited by road of happy destiny on Saturday 21st of July 2012 03:08:05 PM

JayKim-no regrets · RV-Dreams Family Member

Hi Tom and Fran

We just recently (last week) got financing for our (new to us) used 2004 Alfa Seeya. We went through GoodSam who works with Essex credit, we researched a lot of other financial places to get the best %rate first. Essex credit gave us the best loan term and % rate by far.

We went from applying online for credit, to getting the check in the mail all within 30 days.

Good luck to you guys

dream reachers · RV-Dreams Family Member

We took Dave Ramsey's course Finacial Peace University and got out of debt including our house before our retirement. We sold our house and bought our RV debt free. We would not have gone fulltime unless we were debt free. We could not afford to. We are on our fifth year fulltime and "Life is good" That would be our advise as the best option.