How are interest rates determined for RV and Motorhome Loans?
As you probably know, interest rates change often due to changes made by the Federal Reserve. In the recent past, we have seen some of the lowest interest rates in a long time. The interest rate you will pay on your RV loan will depend on a number of factors. These include: your credit history, the amount of your down payment, the loan amount, and whether you are purchasing a new or used RV. PRC Financing offers some of the lowest and most competitive rates for motorhome loans in the market today.