Recreational Vehicle Loans

¹ Boats, motorcycles, campers, RVs and other recreational vehicles with titles are eligible collateral subject to Founders Federal Credit Union’s (FFCU) standard acceptable collateral guidelines. Interest rate reduction limited to a floor rate of 4.50% for new or used vehicle loans. Other acceptable collateral is limited to a floor rate of 7.00%. Collateral must be currently financed in the member/borrower’s name with a financial institution other than FFCU. A current periodic statement or executed contract reflecting the existing loan in the borrower’s name with the current interest rate from the financial institution must be provided. Current vehicle registration required. Payment on existing loan must be current to qualify for interest rate reduction. Member must be in good standing with Founders to qualify, including no outstanding troubled debt restructured loans, bankruptcies, unresolved returned checks, or unresolved title issues. Members thirty days or greater past due on any Founders loan are not eligible for the interest rate reduction. All financing subject to FFCU’s standard underwriting guidelines and credit evaluation. These terms are subject to change at the discretion of the Credit Union at any time without further notice.
² Interest will accrue daily upon origination.
³ Must purchase new recreational vehicle with a title or refinance new titled recreational vehicle from a financial institution other than Founders Federal Credit Union. Pay as low as 7.00% on your secured loan with 72 monthly payments of $171.00 for each $10,000 borrowed. New vehicle securing the loan must be current or previous model year. See your loan officer for more details or for information on financing used recreational vehicles. Rates, terms, and conditions subject to change without notice.