So many destinations and so many adventures are just waiting for you out there on the road. A recreational vehicle can take you there in style and comfort. Why not start making memories every mile of the way with a low-cost, secured loan that uses a new or pre-owned recreational vehicle (motor homes, vans and boats) title as collateral?
|
| |
|
Requirements:
|
You must complete a current loan application.
You must provide a purchase agreement.
You must meet policy guidelines regarding consumer debt ratio (CDR), credit history and income.
|
| Benefits to You: |
You’ll save money with competitive interest rates, no loan fees and no prepayment penalties.
The interest you pay is tax deductible (if you itemize on your tax returns) when the vehicle purchased is completely self-contained, as a second home.
You may borrow up to 115% of the purchase price, including tax and license fees and your financing terms may go up to 120 months, depending on the purchase price.
Payments can easily be made through payroll deduction, automatic transfer from your savings or checking account, by mail, phone or internet |
|
Need advice, have a question, or want to open an account?
Call or email
The Link
574.294.6553, opt 5
800.645.3732, opt 5
memserv@inovafcu.org
|
|
