In this article, you’ll lean 5 ways to maximize your RV loan. These tips will give you a base to start off , allowing you to narrow in on the right path.
Photo by Robson Hatsukami Morgan on Unsplash
In this article, you’ll lean 5 ways to maximize your RV loan. These tips will give you a base to start off , allowing you to narrow in on the right path.
Photo by Robson Hatsukami Morgan on Unsplash
Looking for your dream RV can be an exciting feeling. Something you dream about and research for weeks, coming to fruition through hard work and patience. While it can be like a vehicle purchase in some respects, it’s very independent and brings with it a unique set of topics you have to cover. Before you borrow for an RV, the following discussion points are something you should consider before accepting loan.
Photo by Eugene Quek on Unsplash
Shop for your next RV at No Credit Campers. When there is an RV for sale at good price and easy financing its on NoCreditCampers.com. With over 100 RV listings, we make it easy to buy an RV online.
Bad or poor credit? No problem we have the resources to get the best financing options delivered to you. If you are looking for a used RV with an owner financing option you came to the right place.
Home values are on the rise across the United States and homeowners are turning to mortgage professionals to help tap this equity and get in a better financial position.
When interest rates rise, home values tend to rise too. This is great news for you, the home owner – You can now access this equity and get ahead!
If you have not had your home appraised recently, it’s time to contact a banker today and discuss some money saving options.
1. Debt Consolidation
2. Home Improvement
3. Medical Expenses
4. Tuition Expenses
5. Large Purchases/Vacations/Weddings
6. Eliminating Mortgage Insurance
7. Convert an Adjustable Rate to a Fixed Rate
8. Consolidate a 1 st and 2 nd mortgage
9. Lower Rate – Pay off the home faster!
FICO <500
FICO 500+
Self-Employed
Investor/Too-many-financed properties
Asset based loans
Credit Repair
Fresh Start/Second Chance Loans
1 Day Out of BK or Foreclosure
Expanded Credit Guidelines – Making it easier for you to qualify!
Did you know there are options that involve $0 closing costs out of pocket – Only an appraisal, if needed!
Smart home owners are refinancing their mortgages and taking advantage of a low rate while they still can.
The time to lock in your rate is now!
Customer Testimonials:
“I was connected with a banker who was very knowledgeable and offered a better rate than my local bank. My loan closed in just 3 weeks! Thank you for all your hardwork! - John M – Orlando, FL
“I just want to thank the team WaveWallet connected me with for my refinance. The banker and processor were on top of my loan every step of the way. It closed much sooner than I expected. I saved over $2000 per month! I can’t believe it! These guys are professionals!!”
Jenny – Sugarland, TX
Items to Prepare:
Mortgage Statement
Home Owner’s Insurance Declarations Page
Income Documents
2017/2018 W2
2 Recent Pay Stubs
Tax Returns, if self-employed, all pages, all schedules
Retirement Income – Award/Benefit/1099s
Photo ID
2 Months Bank Statements – All pages
Statements for any bills you wish to consolidate with a home loan
Contacting WaveWallet for help with my home loan refinance was the sma2rtest financial decision I ever made!! My payments fell by over 50% and I paid off all those high rate credit cards. I am a disabled veteran and I was introduced to a banker who understood my situation. I can finally sleep at night.” Wendy C – Orange, California
The tiny home movement has brought with it many new styles of living; off-grid homes, micro houses, and in many cases, homes on wheels. Full-time living in an RV isn’t a new concept, but it’s one that’s been gaining a lot of traction lately. People are drawn to RV living because it allows you to travel and lead a fulfilled life without having to pay for a home or apartment at the same time. That being said, the start-up cost of buying an RV can be gargantuan. In many cases, RVs can cost just as much as a house! However, there’s another option for people who want to own a camper without the upfront costs: rent to own camper trailers.
Buying an RV is no easy feat. You’ll need to do hours of research just to find the RV that’s right for your needs! On top of that, there’s the process of finding financing, saving a down payment, and much more. There are a few things to consider before buying an RV:
Think about whether you want a newer or older RV. Newer RVs will have fewer problems and will come with a warranty. However, it’s going to cost you big bucks. On the other hand, an older RV will be less expensive, but you may need to budget more in maintenance costs.
Finding financing can be a real pain. Newer RVs are easier to finance. Many banks won’t finance RVs that are older than 15 years, so that’s something to keep in mind. Either way, you’ll need good credit to get traditional financing, just like you would with a house.
You’ll need a sizeable down payment to finance an RV. You probably want to put $5,000 at the very least. If you don’t have a lot for a down payment, look for longer financing terms to offset the monthly cost.
You’ll also need to get the right type of insurance for your camper. If you’re only going to be using it on weekends and for short vacations, you can get insurance through your auto insurance provider. If you plan on living in the camper, you’ll want full-timer insurance, which is a combination of homeowners and auto.
If you aren’t going to live in your camper, you’ll need to make storage arrangements. This is another significant expense. Winterizing and storing an RV can cost as much as $400 per month!
Search Buy Here Pay Here RV & Campers for Sale
Obviously, if your budget is tight and you don’t plan on living in your camper, renting one is the way to go. Peer to peer RV networks like ours offer some of the best rental rates on the market. Here are some benefits to renting a camper through RVshare:
You can find campers of all shapes and sizes, which is great if you want something older and more affordable.
You’ll work with the owner directly and can message them through our online platform. You can negotiate rates, terms, and even ask if the owner has rent to own trailers.
If you’re renting, you don’t have to worry about storage costs and maintenance.
Renting a camper is a great idea if you’re thinking about buying one or have never been RVing before. You’ll be able to test out the different styles you like and see whether living in a camper is right for you – all before you make the commitment!
Need RV Financing? Get Guarantee Bad Credit Loans & Financing for RVs or Campers.
A quick search of “rent to own campers near me” will pull up thousands of hits on Google. There are plenty of RV owners and dealers who are willing to work with people who want to eventually own their campers. Renting to own is the best of both worlds:
They’re often financed by the dealership or owner directly. That means you don’t have to deal with financing through a bank. It’s a good way to get an older RV, which banks won’t usually finance.
You won’t need to put down as much of a down payment. In some cases, you may not need one at all.
Renting to own is a good option if your credit is less than desirable. Traditional banks treat RV ownership as a luxury, so their credit requirements are usually pretty tight. However, keep an eye out for rent to own campers no credit check scams. While there are legitimate deals, some of these scams have interest rates through the roof. No Credit Campers, however, offers legitimate no credit check RV or camper loans, so we can trust that we’ll find you a deal that works for your current financial situation.
You may be able to negotiate the terms with the owner or dealer. Many times, rent to own campers are listed as such because the seller is motivated, or the dealership needs to move inventory. Use that to your advantage.
Of course, the decision of whether it’s better to rent or own a camper depends on how you plan on using it, in addition to the state of your personal finances. If you’re only going to use your RV for weekend trips and short vacations, you may want to consider renting on an as-needed basis. Otherwise, you’ll have to budget all the other expenses that come with RV ownership, like storage and insurance.
Buying an RV to live in, on the other hand, is another story. The costs of renting an RV for months at a time can get expensive. If you’ll be spending lots of time in your camper, you should probably buy one. Thankfully, if you’re dead-set on buying a camper but don’t have the up-front costs or credit, renting to own is a viable option. It’s not hard to find a camper for rent to own, and the benefits are abundant. You’ll enjoy the perks of ownership without the limitations of financing a new (i.e. expensive) RV. It’s an affordable option, whether you want to live in your camper or not.
While RVshare does not offer a rent to own option, we wanted to make sure you know every possibility that is available to you. Rent to own campers give people the opportunity to own an RV when they may not have otherwise been able to. If you’re interested in renting to own, check with your local dealerships to see what’s available. Just remember to read the terms carefully and watch out for high interest rates and “bad credit” scams. Good luck!
For more information visit NoCreditCampers.com
Traditional RV financing makes the process very complicated by requiring you find a Camper you like, and then discuss financing. No Credit Campers.com offers a solution that allows you to have the cash in your hand BEFORE you go shopping for you dream Camper. This allows you to negotiate the most fair pricing to dealers and private party purchases by giving you the power to say you have the cash in hand.
For more information click here.
No Credit Campers saves you the hassle of shopping around by offering over 500 financing partners to assure you receive the best offers.
There is never a minimum credit score required as we work hard to get every application funded.
We've eliminated the middle man and made the whole process more efficient. Go into dealerships, craigslist, and Facebook groups with the confidence of having cash on hand.
Also, visit our clearance mall that includes Free Shipping here
No Credit Campers.com made sure to only work with financing partners who do direct loans. It's your money, don't let the dealerships and banks make money off of it.
Approved loans are funded directly into your bank account. You choose what you want to do with your money.