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Do you offer the lowest interest rates? |
We always try to deliver the lowest rate available for every
borrower. There are many factors that determine what that
interest rate will be; prior credit history for the borrower,
amount of the loan, type and value of the RV, down payment
amount, borrower’s income, etc. Our customers can rest
assured that they are getting the lowest rate available for
their particular situation. |
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What is your minimum loan amount? |
Our minimum loan amount is $25,000 for purchase transactions
and $35,000 for refinance. |
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How can I apply? |
You can apply on line or you can call our office, 866-337-3456,
and one of our loan specialists will be glad to take your
application over the phone. If you prefer, we can also mail
or fax a credit application to you. |
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How long will the loan process take? |
Customer One Financial prides itself on making the process
quick and easy for our borrowers. We can usually have a credit
decision in a day or less when we receive a complete application
package and can complete the transaction in less than five
business days. |
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What can I do to expedite the process? |
Having a complete application package helps us to obtain a
credit decision more quickly. Please be sure to complete all
areas of the credit application. If your loan request is for
$10,000 to $99,999, the credit application with personal financial
statement and a recent pay stub or last year’s W-2 is
usually sufficient (unless you are self employed, see requirements
for loan $100,000). For loans over $100,000, it will help
us to obtain a decision more quickly if you provide complete
copies of your last two years 1040 tax returns with the application
and personal financial statement. If self employed, also provide
copies of last two years business returns. |
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Can I refinance my RV loan? |
Yes. Interest rates today are the lowest they have been in
decades, so now is a perfect time to consider refinancing
your loan. Our minimum loan amount for refinance is $35,000 |
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Do you have an application fee? |
No. |
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Can I be pre-approved for financing so that I know that
I have funds available when I find the right
RV? |
Yes. We will need to know the year and type of RV you are
considering and can obtain an approval based on that information. |
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Is there a prepayment penalty if I pay off my loan early? |
Most of our lenders do not charge a prepayment penalty. Those
that do, limit it to a very small amount and for a specified
period of time. All of our lenders allow you to make additional
principal payments without a penalty. The prepayment penalty
would only apply if you pay the loan in full. |
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What kind of RV can you finance? |
We finance new and used (up to fifteen years old) Class A
and C motor homes, fifth wheels, and travel trailers used
for pleasure. |
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Why should we finance our RV with Customer One Financial? |
Besides having low interest rates, our commitment to customer
service is so strong that we put it in our name! We work
every
day to live up to our name. You won’t get an automated
answering system when you call our office and we have extended
business hours to better serve you. We are determined to
make the financing or refinancing of your RV quick and
easy for
you. We also have affiliations with companies offering ancillary
services that have the same service commitment. |
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