RV FINANCING MADE EASY

Midwest RV works with a variety of lenders including national banks, local credit unions, and some lenders that work exclusively with RV and Travel Trailer loans.  We know how to get you approved at the best rates available.  All you have to do is fill out the form, and our finance manager will take care of the rest.

FINANCING FAQs

What happens after I fill out the Online Financing Application?

The application is securely delivered to our finance manager.  Before doing anything, we always contact the customer to find out exactly what he or she would like to accomplish, and together we decide what steps are needed to get there. This process depends on what the customer’s goals are. Nothing will be done without the customer’s permission.

What if I have bad credit due to bankruptcy, home foreclosure, medical bills, divorce, tax liens or other reasons?

n many cases, even if you have bad credit, we can still get your approved for an RV loan! As mentioned above, we have a close relationship with a wide variety of banks. Our finance manager knows which banks are most likely to approve your loan for the best rate, taking into account your individual situation. We have had good luck getting loans approved, even with credit scores as low as 550!

I have heard that pulling my credit report can hurt my credit score... Will my credit score be hurt from filling out the Online Financing Application above?

Your credit score WILL NOT be affected by filling out the Online Financing Application.  Again, the application goes directly to our finance manager and no further action will take place until we contact you.  That means we will not pull your credit report, send the application out to any banks, or share your information without discussing it with you first.

How do I know my information is safe?

We go through immense steps to ensure our website coding and security is always up to date and secure. As stated in our privacy policy, the information that you give us by filling out the form is only shared with the banks we work with.  We DO NOT SHARE OR SELL your information to any other third parties, and you WILL NOT be put on any mailing or spam lists.  We also keep all private information locked up in accordance with state law.

Can I get an RV loan with No Money Down?

Sometimes, but in order to qualify the best rates, banks typically look for at least 10% down. Getting approved with no money down depends on your individual credit situation and the RV or travel trailer that you are purchasing.

What is the maximum loan term when financing an RV?

The maximum loan term can range from 96, 120, 144, 180 and all the way up to 240 months! This limit depends on factors such as how much money you put down, the year and type of RV that you are purchasing, and your credit score. As a rule of thumb, RVs under $10,000 can extend out to 96 months*, RVs over $75,000 can extend up to 240 months*, and everything else lands somewhere in between.

*with approved credit

Can Midwest RV help me get a loan if I am buying an RV from another person?

No. We are not lenders ourselves, and can only help you get approved for loans on RVs and Travel Trailers that we sell. With our extensive inventory, there’s a good chance you can find what you are looking for. Please browse our inventory, or contact a salesman if you need help finding something that suits your needs!

If you’ve decided you want to finance your new RV, travel trailer, toy hauler, fifth wheel, or park trailer, you’re not alone. Seventy percent of enthusiasts do. With a minimum down payment and approved credit, you can arrange Credit financing with us and get out on the road a few hours after picking out your travel trailer, toy hauler, fifth wheel, or park trailer.

Plus, you can add in all your parts and accessories, apparel, Insurance and more. You’ll have everything you need, and you only have to make one monthly payment.

And because we finance more than anyone else, we understand your special needs. Only someone who knows how you feel when you hit the starter button understands that hitting the road ASAP is your biggest concern. That’s why we make it easy.

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RV Financing in Ottawa, Kansas and Kansas City, Missouri

4 REASONS WHY YOU SHOULD FINANCE YOUR RV PURCHASE.

Interest Is Tax Deductible.

Interest paid on the majority of travel trailer, toy hauler, fifth wheel, and park trailer loans is tax deductible just like home mortgage interest. That means you can enjoy the benefits of RV travel and get a tax advantage too.

Flexible Finance Options.

We have a multitude of financial lenders that we work with on a regular basis. We will shop a variety of sources to get you the most competitive interest rate possible. 

Low Competitive Finance Rates.

We offer an assortment of financing options with very competitive rates. Often times our financing options are lower than local bank and credit union rates. 

No Pre-Payment Penalty.

We only work with financial lenders who write simple interest loans that have no pre-payment penalty if you decide to pay the loan off early. 

The Last Word on RV Financing

Your RV might actually cost you less in the end if you finance your purchase. By not tapping into your financial assets to purchase the RV, you can take advantage of attractive new investment opportunities that might come along and the earnings from those investments can potentially exceed the cost of your RV financing. The bottom line is that if you are thinking of buying an RV, you should check financing options to maximize your purchase enjoyment. You’ll be on the road enjoying your new RV before you know it!