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Gateway offers loans for the purchase of recreational
vehicles such as Motor Homes, Travel Trailers, Motorcycles, Mopeds,
Boats and other Watercrafts.
Call us today to talk about qualifying craft
and current terms. |
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Current Recreational Vehicle
Loan Rates |
Effective Date: 5/29/02
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Motor Homes, Travel Trailers, Motorcycles, Mopeds, Boats, and
Motorcrafts (see note 1 below) |
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Interest Rate:
8.9% Annual Percentage Rate (APR) |
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Repayment Schedule: |
up to $3000 |
up to $10,000 |
up to $20,000 |
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36 Months Maximum |
60 Months Maximum |
84 Months Maximum |
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(Maximum Loan amount is $20,000.) |
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Lending Guidelines: |
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New : |
90% of sticker/list price |
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Used: |
70% of NADA book average
retail |
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Notes: |
 Full Insurance
Coverage with no higher than a $500 deductible is required on all
collateral.
All applicable
filing fees (Local, County, State, and Federal) are charged to the
borrower.
All Annual
Percentage Rates shown are subject to change. |
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Note 1: Motorcraft does not include personal
watercrafts under 3 passengers |
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Please contact us to obtain
additional information concerning loan terms, conditions, fees, and
rates. |
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