Frequently asked questions
Answers to common finance
loan questions.
Answers to
common finance
loan questions.
We offer financing options for:
Motorized: Class A, B, C & Super C Motorhomes, Class B/C Conversions, Toter-homes, Overland/Adventure RVs (i.e. Earth Roamer, TouRig, Earth Cruiser, etc), Bus Conversions (i.e Prevost, MCI, Bluebird, Newell, etc.)
Towable/Others: 5th Wheels, Travel Trailers, Destination Trailers, Ice House Trailers, Pop-up Trailers, Horse Trailers with living quarters, Horse Trailerswithout living quarters and Truck Campers.
We do not offer financing for: Full-timers, Park Models, Tiny Homes, or Rental Units.
For FICO credit scores 600 and greater the minimum loan amount considered for financing is $10,000.
For FICO credit scores 600 to 679 the maximum loan amount is $50,000.
For FICO credit scores 680 and above the maximum loan amount is $2,000,000. Maximum loan amount may be lower based on score, collateral type, model year and mileage. Call our office for credit requests greater than $2,000,000. Click here to view our RV Purchase rates and our RV Refinance rates.
We can finance standard RVs up to 20 years old.
The maximum mileage for a Gas-powered RV is: 99,9990
The Maximum mileage for a Diesel-powered RV is: 150,000
We offer a variety of terms ranging from 6 to 20 years but generally range from 10 to 15 Loan Terms depend on the loan amount.
- 20 years for loan amounts $50,000 and greater
- 15 years for loan amounts $25,000 and greater
- 6 – 10 years for loan amounts under $25,000
Terms may be shorter based on collateral type, model year and mileage.
Loans generally range from 10 to 15 years. But the specific RV you finance may determine the maximum or standard term length depending on the type, model, and mileage.
APR is primarily determined by your FICO credit score, the loan amount, the loan to value, the size of down payment, the age of the RV, and the loan term length. Typically, a high FICO credit score, larger down payment, lower loan to value, newer RV, and a shorter term loan gets you a better APR.
Your FICO credit score will affect your monthly RV payment. Interest rate (APR), term, and RV price also affect the payment amount, Use the loan calculator to approximate your monthly payment.
Yes, we offer a zero down loan program for up to $100,000
Typically, 10% to 20% is standard depending on the size of the transaction. Additional down payment may be needed based on collateral type, model year and mileage.
Yes, we work with dealers and brokers across the U.S. Click here to view RV Purchase rates.
Yes, re-approval and rate is subject to change at time of loan closing.
Yes, for loans less than $150,000. Subject to lender's underwriting requirements.
Yes, for loan requests $150,000 or greater, a PFS is required. Subject to lender's underwriting requirements.
- Getting Started. Choose your loan purpose and enter your desired loan amount to see the best available rates and terms.
- Choose your offer. Review multiple loan options and decide which offer will help you achieve your financial goals. Amounts vary between $5,000 and $100,000 for an unsecured loan.
- Apply for a loan. Complete the online application; funds may be available as soon as the same day if the application is approved and certain deadlines are met. Otherwise, you can choose a funding date up to 30 days out from day of initial approval.
Yes, our minimum FICO credit scores are 600 for purchase transactions and 700 for refinance transactions. FICO Credit scores of less than 680 have a maximum loan amount of $50,000.
Yes, subject to lender's underwriting requirements.
Yes, we offer RV loans in 50 states (excluding Washington, DC).
No, we do not currently provide financing for Full-Timers (RV used as a primary dwelling)
Yes, we do have some options for non-US Citizens. Additional documentation and restrictions may apply.
Yes, your initial loan approval can be considered as a pre-approval which allows you to change your collateral at a later date.
Yes, subject to minimum FICO score requirements, financing can be obtained for either a new or used purchase or refinance transaction. Subject to lender's requirements, refinance requests may need to be seasoned from 1 to 13 months.
Refinance rates may vary from that of purchase rates. Click here to view RV Purchase rates and RV Refinance rates.
Yes, we specialize in RV financing for buyers purchasing an RV from a private party seller. Click here to view RV Purchase rates.
Approval commitments are generally valid for 30 to 90 days (varies by lender) and rate commitments are typically for 30 days.
Yes, our minimum credit score is 600. Credit scores of less than 680 have a maximum loan amount of $50,000.
Yes, subject to lender's underwriting requirements.
Yes, we offer boat loans in 50 states (excluding Washington, DC).
No, we do not currently provide financing for Live-aboards (boat used as a primary dwelling)
Yes, we do have some options for non-US Citizens. Additional documentation and restrictions may apply.
Yes, your initial loan approval can be considered as a pre-approval which allows you to change your collateral at a later date.
Yes, financing can be obtained for either a new or used purchase or refinance transaction.
Refinance rates may vary from that of purchase rates. Click here to view boat Purchase rates and boat Refinance rates.
Yes, we provide boat financing if you buy your boat from a private party seller. Click here to view boat Purchase rates.
Approval commitments are generally valid for 30 to 90 days (varies by lender) and rate commitments are typically for 30 days.
Many factors determine loan eligibility, such as your credit score, credit usage, assets and repayment history.
Additionally, to be eligible for a loan, you must be:
- A U.S. citizen or permanent resident with a valid green card
- At least 18 years old (19 years old in Alabama and certain other states)
- Able to provide a verifiable bank account
- Able to provide a valid email address
- Have a valid U.S. address
Yes, our minimum credit score is 660.
No.
Yes, an Unsecured loan is available for U.S. citizens or permanent residents with a valid green card
We offer unsecured loans in all 50 states (including Washington, DC).
We attempt to issue quick decisions on the day the application is received (during business hours), but some applications may require further verification, or an underwriter may have questions to reach a decision. These applications may take longer to issue a final decision.
When approved for a loan, the funds must be transferred into your account within 30 days. After 30 days, the loan approval will expire, and a new loan application will be required. Funds must be deposited into a personal bank account.
An Adverse Action Notice informs you that you have been denied credit based on information in your credit report or other information obtained and reviewed. You can reference the Adverse Action Notice document for further details into the reason(s) for the denial of credit.
Using your computer or mobile device, simply complete and submit your application for credit through our secure online application or call 800-444-1476 to submit an application over the phone. Click here to apply online now.
Usually, a decision is made within 1-2 business days, subject to lender's underwriting requirements.
No, we do not charge an application fee.
Once you’ve applied, hold off on any big purchases, like buying a car, refrain from opening or closing credit cards, and avoid maxing out existing credit cards.
Fill out and submit our secure online application or call 800-444-1476 to submit an application over the phone. Click here to apply online now.
Usually, a decision is made within 1-2 business days, subject to lender's underwriting requirements.
No, we do not charge an application fee.
Applying for a personal loan online is simple; results are usually available within the same day. Choose your loan purpose and enter your desired loan amount to see the best available rates and terms. Review multiple loan options and decide which offer will help you achieve your financial goals. Complete the online application, accept your loan offer, and your funds will be sent to your bank or designated account within one (1) business day of clearing necessary verifications.
There are no fees to apply for an unsecured loan.
We ask for your individual gross income or the annual amount of money you make before taxes and deductions. You do not need to include alimony, child support, or separate maintenance income, unless you wish it to be considered as a basis for repaying the amount you borrowed.
We will only evaluate your personal individual income for the purposes of the application. If you would like to note anything additional, you can enter this information in the box labeled "Additional Annual Income" on your application, located beneath "Individual Annual Income." You do not need to include alimony, child support, or separate maintenance income, unless you'd like it to be considered as a basis for repaying the amount you borrowed.
Users are welcome to include a co-applicant on an application, but please note that their individual information will be equally reviewed, as each individual is equally responsible for the loan.
No, a personal financial statement (PFS) is not required.
Yes, a loan processing fee and official fees will apply. Loan processing fee is due at time of loan closing. Please call 800-444-1476 for more detailed information.
Yes, taxes, title, registration (official government fees) may be included in your loan amount (subject to lender approval). You may also choose to pay for all fees out of pocket. If paid out of pocket, payment must be received prior to loan funding.
If an RV inspection was completed, reimbursement of the Inspection cost is required.
For a purchase transaction, you will be asked to provide:
- Copy of your current driver's license
- Copy of purchase agreement
- Copy of current title, MSO and/or registration (as applicable)
- Proof of down payment (if applicable)
- Proof of insurance
- Sellers contact information
For a refinance transaction, you will be asked to provide:
- Copy of your current driver's license
- Copy of your current registration
- Proof of insurance
- Provide current lender's contact information
Additional documents may be required and will be communicated at time of loan decision.
After loan approval, our team will work with you to submit required documents needed for your loan closing.
You can submit documents through our online document upload portal.
Our team will coordinate with all parties a delivery date of your loan documents and, upon receipt, review, sign and notarize loan documents and have them returned.
A non-mechanical / visual inspection may be required, subject to lender's underwriting requirements. This will be communicated at time of loan approval.
Good Sam Finance Center will arrange for an independent 3rd party vendor to contact you and/or the seller to set a date and time to complete the inspection.
Funding times are subject to various factors including state law requirements. Generally funding should occur within 7-12 business days from date of loan approval.
Yes, a loan processing fee and official fees will apply. Loan processing fee is due at time of loan closing. Please call 800-444-1476 for more detailed information.
Yes, taxes, title, registration, US Coast Guard Docum entation (official government fees) may be included in your loan amount (subject to lender approval). You may also choose to pay for all fees out of pocket. If paid out of pocket, payment must be received prior to loan funding.
For a purchase transaction, you will be asked to provide:
- Copy of your current driver’s license
- Copy of purchase agreement
- Copy of current title, MSO and/or registration (as applicable)
- Proof of down payment (if applicable)
- Proof of insurance
For a refinance transaction, you will be asked to provide:
- Copy of your current driver’s license
- Copy of your current registration
- Proof of insurance
Additional documents may be required and will be communicated at time of loan approval.
A non-mechanical inspection may be required, subject to lender's underwriting requirements. This will be communicated at time of loan approval.
Trident Funding will arrange for an independent 3rd party vendor to contact you or the seller to set a date and time to complete the inspection.
Typically a boat with a length of 26 feed or longer and/or loan amount of $100,000 or greater, subject to lender’s underwriting requirements. This will be communicated at time of loan approval.
Funding times are subject to various factors including state law requirements, and completion and delivery of boat survery and USCG documentation and abstract. Generally funding should occur within 7-12 business days from date of loan approval.
Funding times will vary depending on several factors, but generally, funding can occur as soon as the same day if accepted, verified and signed before 2:30 p.m. Eastern Time. Otherwise, users can select a funding day up to 30 days out from loan approval.
After applying, you may be contacted to verify your identity and some of the information you provided in your application. This varies by application but could include a driver’s license, a paystub or credit card.
Most loans do not have a prepayment penalty, but if a prepayment penalty does apply, it will be communicated at the time of loan approval.
Yes, you may defer your first payment up to 45 days on purchase transactions.
Most loans do not have a prepayment penalty, but if a prepayment penalty does apply, it will be communicated at the time of loan approval.
Yes, you may defer your first payment up to 45 days on purchase transactions.
Loans are fully paid back with a fixed interest rate, so you’ll never have to worry about your rate increasing.
No, there are no pre-payment penalties for prepaying a loan, either in whole or in part.
Each state varies in length of time that it may take to process the title work. The standard time to receive your plates and registration is 6 to 8 weeks after your loan funds; however, your experience may vary.
Generally, states allow up to 30 days from the date of purchase to complete the transfer of title and registration. Completion of title and registration beyond the state's maximum number of days will result in penalties and additional fees.
Documents required to transfer ownership into your name vary from state to state and may also depend on the type of transaction. You will be provided with a checklist indicating what title documents are needed when you receive your loan package. It is very important to deliver all the documents requested within 5 business days of your loan funding. Delays in obtaining the requested documents may prolong transfer in ownership and cause penalties and additional fees to occur.
Yes, plates can be transferred to your new unit if it is the same type of RV. For example, a travel trailer plate cannot be transferred to a motorhome. Remember to inform our representative of your plans prior to your loan closing.
Yes, your registration must be current to update it with the new lienholder information. If your registration is due within 30 days of completing your loan closing, please let our representative know.
A VIN (Vehicle Identification Number) verification is a requirement in which a licensed automobile dealer, police officer or other government official verifies that a unit’s vehicle identification number matches the unit’s paperwork. A VIN verification is required in some states for an RV that has never been titled or registered in that state. Your representative will let you know if this will be required for your loan.
An odometer disclosure statement is a legal form that provides an exact reading of the mileage currently displayed on the odometer of a vehicle at the time of transaction. The statement must be filed for the finalization of the sale and allows a buyer to apply for registration.
An Electronic Lien and Title (ELT) provides a paperless vehicle title. An ELT must be converted into a paper title prior to the transfer of title to new registered owners and/or a lienholder.
In most cases, it is necessary for us to use an independent 3rd party vendor to complete the titling and registration. Where required by law, for Dealer purchase transactions, the dealer is responsible for completing title and registration. In certain purchase and refinance transactions, the borrower may be required to complete title and registration.
Taxes and official fees are remitted by the 3rd party vendor, dealer or borrower. This will be communicated at time of loan closing.
Yes, the title is needed to secure the lender's lien and update your registration with the new lienholder's information.
For a qualifying RV, interest on the loan may be tax deductible. Consult your tax professional.
Yes, however rates and terms may vary, subject to lender's underwriting requirement. Additional documents may be required.
Yes, however rates and terms may vary, subject to lender's underwriting requirement. Additional documents may be required. Montana LLC must be set up by lender's approved attorneys. Check with your representative.
Boat of documentable size and/or loans over $100,000 typically require USCG documentation (some exceptions apply). This will be communicated at time of loan approval.
Each state varies in length of time that it may take to process the title work. The standard time to receive your stickers and registration is 6 to 8 weeks after your loan funds; however, your experience may vary.
Documents required to transfer ownership into your name vary from state to state and may also depend on the type of transaction. You will be provided with a checklist indicating what title documents are needed when you receive your loan package. It is very important to deliver all the documents requested within 5 business days of your loan funding. Delays in obtaining the requested documents may prolong transfer in ownership and cause penalties and additional fees to occur.
Yes, your registration must be current to update it with the new lienholder information. If your registration is due within 30 days of completing your loan closing, please let our representative know.
In most cases, it is necessary for us to use an independent 3rd party vendor to complete the titling and registration. Where required by law, for Dealer purchase transactions, the dealer is responsible for completing title and registration. In certain purchase and refinance transactions, the borrower may be required to complete title and registration.
Taxes and official fees are remitted by the 3rd party vendor, dealer or borrower. This will be communicated at time of loan closing.
Yes, the title is needed to secure the lender's lien and update your registration with the new lienholder's information.
For a qualifying boat, interest on the loan may be tax deductible. Consult your tax professional.
Yes, however rates and terms may vary, subject to lender's underwriting requirement. Additional documents may be required.
Yes, subject to lender’s requirements.