RV Loans
Get on the road (or on the water) for your next adventure with a recreational vehicle loan!
Travel Changes Us
Visiting new places and meeting new people opens our eyes to new ways of seeing the world and ourselves. So whether you explore by land or water, Meridia offers great options to get you where you want to be.
Benefits
- We are really, really good at what we do – let us handle the financing so you can sit back and relax.
- We offer an extended term of up to 10 years giving you a lower monthly payment.
- No need to find top of the line, we finance used boats and RVs too.
Rates
| TERMS | APR |
|---|---|
| Up to 60 months | As low as 7.29% |
| 61-75 months | As low as 8.29% |
| 76-120 months | As low as 9.29% |
Max LTV is 85% for RV loans. APR = Annual Percentage Rate. The loan rate will be determined by your credit score. Rates start as low as 7.29% APR for loan terms up to 60 months (60 monthly payments of $19.95 per $1,000 borrowed). |
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Calculator
The accuracy of our calculators and their applicability to your circumstances are not guaranteed. You should consult with a qualified professional regarding your particular circumstances.
Fees
| DESCRIPTION | FEE |
|---|---|
| Loan Late Charge | $29 each |
| Duplicate Lien Release | $5 |
| Returned Loan Payment Check | $29 each |
Frequently Asked Questions
What types of Recreational Vehicles do you finance?
We finance purchases of boats, motor homes, fifth wheels, travel trailers and Pop-ups.
How much can I finance?
We consider loaning up to 85% of the value.
How many months can I choose to pay back the loan?
We offer terms up to 120 months. We know many places offer longer terms, but we also know RVs depreciate quickly. We think it is in your best interest to offer terms that don’t hurt you in the future when you try to sell or trade-in your RV.
Do you finance New and Used RV’s?
Yes, we do! We have great rates on new and used RV’s, so whether it’s new or new to you, we can help.
Is there a prepayment penalty?
No! If you pay the loan off early, not only is there no penalty, you save on the overall interest cost.
When can I schedule a loan closing?
In addition to our Lobby Hours between 9am and 4pm Monday through Friday, we have Saturday loan closing appointments available to be scheduled between 9am and 12pm at our Southwestern Branch.
Is interest on this loan tax deductible?
We suggest you consult with your tax advisor for further information.
Time
to
Travel
Life is short. Make time to visit the places you love.