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Motorcycle / Boat / RV Loans
Motorcycle / Boat / RV Loans
Whether you are purchasing a motorcycle, ATV, boat, or RV, you are sure to find an affordable loan at Hometown Credit Union. If you can insure it, chances are we can help you finance it.
A tax-free Health Savings Account (HSA) can help protect you against high or unexpected medical bills.
Loan Summary
- We provide a free valuation on most items.
- Terms are usually 1 year per $1,000 for loans under $5,000.
- Terms up to 7 years for loans more than $5,000.
- No penalty for early payoff.
New or used motorcycles / boats / RVs (2005 or newer)
| Length of Loan | Credit Rating (Score) | |||
|---|---|---|---|---|
| A (700+) | B (650-699) | C (600-649) | D (0-599) | |
| 48 months or less | 6.75% | 7.20% | 7.50% | 8.20% |
| 49 months or more | 7.00% | 7.50% | 8.00% | 8.50% |
Used motorcycles / boats / RVs (2004 or older)
| Length of Loan | Credit Rating (Score) | |||
|---|---|---|---|---|
| A (700+) | B (650-699) | C (600-649) | D (0-599) | |
| 48 months or less | 8.00% | 8.50% | 8.70% | 9.25% |
| 49 months or more | 8.50% | 8.75% | 9.20% | 9.65% |
Rate discounts
| Discount Criteria | Discount Amount |
|---|---|
| Platinum Membership (see Tiered Services) | 0.25% |
| Gold Membership (see Tiered Services) | 0.125% |
Application Process
- Fill out our general application, and submit it online, fax it to us, or bring in a printed copy.
- We will perform a valuation for you based on the information you provide.
- Your loan can usually be approved during your visit to our office.
