RV Loan Rates

RV Loan Special

Month Term 
Rates APR†
60-119 
3.99%
120-180
4.50%

 
‡APR = Annual Percentage Rate. Age 18 or older, membership and credit qualification required. Minimum of 680 credit score or above. Good on purchases of refinances of new loans with Meridian Trust only. Not for refinancing existing Meridian Trust RV loans.

 

 Small1 Recreational Vehicle Loans

LTV (Loan to Value*)
Your Credit Score 
(Rates APR†)
Loans ≤62 month terms**
A
B
C
D
≤85%
4.25%
5.00%
7.00%
9.00%
>85%-100%
4.50%
5.25%
7.25%
9.25%
>101%-110%
4.75%
5.50%
7.50%
9.50%


Large2 Recreational Vehicle Loans


LTV (Loan to Value*)
Your Credit Score 
(Rates APR†)
Loans ≤62 month terms**
A
B
C
D
≤85%
4.50%
5.25%
7.25%
9.25%
>85%-100%
4.75%
5.50%
7.50%
9.50%
>101%-110%
5.00%
5.75%
7.75%
9.75%

*LTV (Loan-to-Value) is the ratio of a loan to the value of an asset purchased. For example, if someone borrows $23,000 to purchase a car worth $29,000, the LTV ratio is $23,000 to $29,000 or $23,000/$29,000, or 79%.


**Term length will also affect loan rates. Rates shown in chart above are for terms from 1 to 62 months. Add 0.25% APR to terms of 63 to 84 months; add 0.50% APR to terms of 84+ months. Also add an additional 0.10% APR to all loans that are paid manually. Terms 84 months and above only apply to vehicles whose age is 2 years from the current model year. Add 0.50% to RV’s 5 years older than current model year.


†APR = Annual Percentage Rate. Maximum terms for each loan type are set in the loan policy. All rates are subject to change without notice. Ask us for details. Rates shown effective as of March 20, 2017 and are subject to change without notice.

1Motorcycles, Snowmobiles, Horse Trailers, Utility Trailers, ATVs, and Jet Skis.


2Travel Trailers, Boats, Motor Homes, Fifth Wheel Trailers, Tiny houses, Campers, and Airplanes. 


Rates shown here are good for all new loans to Meridian Trust, including refinancing of existing loans elsewhere to our lower rates. Loans will be refinanced only if: 1. There is a letter grade improvement in the borrower’s credit score, or 2. The remaining principal balance on the loan is increased by 25% or more.


Apply for a rv loan today! For more information, call 307.635.7878 or email us.