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124-A North Second Street
Fort Pierce, FL 34950
Tel: 1-888-587-LOAN
Fax: 1-888-690-LOAN
http://www.rvloans.net Email: sales@rvloans.net

Pre-Qualify

   There are three ways of getting pre-approved for your new Rv.  The first is simply fill out our application online and we will process it. The second is to call 1-888-587-LOAN and we will process your application over the phone. The third is to go through our pre-approval program.  When a bank looks to approve or decline credit they look for the following:

  1. Down Payment

  2. Credit

3.   Debt - Ratio

4.   Collateral

If you can pass all the criteria you will be approved.

1. Down Payment:
               Are you putting at least 10% down?

       A. Yes
       B. No

 

2. Credit -
       Is your personal credit good?

       A. Yes
       B. No

 3. Debt Ratio -
      *Add all of your personal debt, including the new RV payment for a year.
        *Add all of your personal income for a year.
       * Divide the two.
        Is your debt less then 40% of your income?

        A. Yes
        B. No

4.  Collateral -
       Is the RV in good or excellent condition?

       A. Yes
       B. No
  •    If you have answered yes to all the above then you will be approved.
  •    Intercoastal will give you a statement showing that you are approved.  This approval will give you the buyer a significant advantage when purchasing your next RV.
Rates are subject to change without notice. Actual rate may vary based on credit history, collateral, state of residence, down payment, loan amount and other criteria.