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Old 03-16-2020, 01:51 PM   #1
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Refinancing

I am looking for any guidance on specific sources where I may go to refinance a motorhome loan with a current 4.5% interest rate. Thank you!
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Old 03-16-2020, 03:23 PM   #2
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You need to talk to a bank or credit union, nobody here knows your financial situation.
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Old 03-16-2020, 03:54 PM   #3
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A good start is with your current loan holder. They may want to keep you as a customer.
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Old 03-16-2020, 04:02 PM   #4
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Sources!
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Old 03-16-2020, 05:37 PM   #5
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Sources!
My dealer always said most banks will normally only loan the wholesale book value on used. So as was mentioned you should start with your current lender if you still have a high balance.

I don't think anybody can give you a specific source as there are too many variables.
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Old 03-16-2020, 06:37 PM   #6
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My dealer always said most banks will normally only loan the wholesale book value on used. So as was mentioned you should start with your current lender if you still have a high balance.

I don't think anybody can give you a specific source as there are too many variables.
Most of the time if you get wholesale minus 10% your lucky. I don't finance anything, period.
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Old 03-16-2020, 08:55 PM   #7
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Sources!
As mentioned above.
Your best bet, is to call several banks, or credit unions in your state, and ask what their interest rate is. The final decision will be based on your personal credit history, and FICO score, but you'll be able to get an idea who's lower than most of them.
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