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Recreational Vehicle Loans1
DETAILS
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Product Description
A one time loan with a fixed term to finance your new or used recreational vehicle.
Purpose
- Refinance your new or used recreational vehicle.
- Purchase your new or used recreational vehicle.
Minimum Loan Amount
$5,000
Maximum Loan Amount
$100,0002
Eligible Types
Eligible recreational vehicles include boats, travel trailers, and motor homes.
Recreational vehicles that are over six (6) years older than the current model year, salvaged or reconditioned, or for commercial use are NOT eligible. Motorcycles, jet skis, snowmobiles, and all terrain vehicles (ATV’s) are NOT eligible.
Maximum Loan-to-Value (LTV)
Purchase New: Up to 80% of sales price.3
Purchase Used: Up to 100% of Kelley Blue Book Trade-In Value4 or 75% of sales price, whichever is less.
Refinance: Existing loan balance not to exceed 100% of Kelley Blue Book Trade-In Value.5
Term/Repayment Period
New: Terms are available up to 120 months.
Used: Terms are available up to 72 months.
Click here for full disclosures
Payment Requirements
You will make equal monthly payments of principal and interest based on your qualifying rate and term of loan.
Interest Rate Features
Variable and fixed rates available based on qualifying rate and term of loan. Call 1-800-995-5626 or the branch nearest you for rates currently available.
Relationship Discounts Available
You may be eligible to receive reductions in your qualifying interest rate based on your overall relationship with us. See rates for complete details.
Costs
Motor Vehicle Department fees may be financed or paid at closing.
Prepayment Penalty
No penalty for repaying the loan in full early.
1 All loans are subject to credit approval, verification, and collateral evaluation. Credit approval is subject to your meeting specific underwriting requirements. Product available to Arizona residents only and is subject to change without notice. Must be over 18 years old to apply.
2 For amounts in excess of $100,000, please apply in person at the National Bank of Arizona branch nearest you.
3 Sales price is gross invoice amount you are expected to pay.
4 Kelley Blue Book Trade-In Value or other independent value acceptable to National Bank of Arizona represents what you might expect to receive from a dealer for this consumer owned vehicle.
5 Kelley Blue Book Trade-In Value or other independent value acceptable to National Bank of Arizona represents what you might expect to receive from a dealer for this consumer owned vehicle.
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