Recreational Vehicle Loans

RV Loan

New – Borrow up to 100% of purchase and sales agreement (less rebates and incentives) from an authorized dealer. Used – Borrow up to 100% of NADA value.

Boat Loan

New - Borrow up to 100% of purchase and sales agreement (less rebates and incentives) from an authorized dealer. We will consider leftover models sold as new at 100% of NADA retail value, less rebates and incentives. Used - Borrow up to 100% of NADA value.

Lien on title and all collateral as listed on the security agreement, including trailer. Hull insurance required.

Motorcycle Loan

New - Borrow up to 100% of purchase and sales agreement (less rebates and incentives) from an authorized dealer. Used - Borrow up to 100% of NADA value.

Lien on title and all collateral as listed on the security agreement. Collision and comprehensive insurance required.

ATV Loan

New - Borrow up to 100% of purchase and sales agreement (less rebates and incentives) from an authorized dealer. Used - Borrow up to 100% of NADA value.

Lien on title and all collateral as listed on the security agreement. Collision and comprehensive insurance required.

Snowmobile Loan

New - Borrow up to 100% of purchase and sales agreement (less rebates and incentives) from an authorized dealer. Used - Borrow up to 100% of NADA value.

Lien on title and all collateral as listed on the security agreement. Collision and comprehensive insurance required.

Rates

Autos, RVs, Motorcycles, Boats, Snowmobiles, ATVs

  • Effective:  09-01-2014
Models1 Term (yrs)2 Annual Percentage Rate3 Monthly Payment per $1000 Alert Me
Fixed Any Model Year 1 year 0.99%4 $83.78
Any Model Year 2 years 1.95%4 $42.52
Any Model Year 3 years 2.24%4 $28.75
2010 - New 4 years 2.49% $21.92
2011 - New 5 years 2.99% $17.97
2011 - New 5.5 years 3.24% $16.57
2012 - New 6 years 3.49% $15.42
2012 - New 6.5 years 3.74% $14.47
New Only 7 years5 3.99% $13.67
These are our posted rates; your rate could vary according to your credit.
  • 1"New" is current model year or one model year old with less than 2500 miles
  • 2Terms could be limited, depending upon your credit.
  • 3Rate not available for loans already with NEFCU.
  • 4Add 1% to stated rates on untitled collateral with a maximum term of 36 months
  • 57 year (84 mos.) New titled collateral (including business purpose titled transportation vehicles and equipment), $25,000 minimum loan amount, <$50,000 for business collateral.
 

Titled: Boats / RVs

  • Effective:  09-01-2014
Term (yrs)1 Annual Percentage Rate2 Monthly Payment per $1000 Alert Me
Fixed Rate3 8 years4 4.99% $12.66
Fixed Rate3 10 years5 6.49% $11.36
Fixed Rate3 15 years6 7.24% $9.13
  • 1Terms could be limited, depending upon your credit.
  • 2These are our posted rates; your rate could vary according to your credit.
  • 3Rate not available for loans already with NEFCU.
  • 48 year (96 mos.) New and Used Boats and RVs, $30,000 minimum loan amount.
  • 510 year (120 mos.) New and Used Boats and RVs, $30,000 minimum loan amount.
  • 615 year (180 mos.) New Boats and RVs only, $40,000 minimum loan amount. New Boats (25% down payment), new RVs (20% down payment).