cancel
Showing results for 
Search instead for 
Did you mean: 

Is RV loan considered an auto loan for rate shopping?

tag
dragonheartt
Valued Member

Is RV loan considered an auto loan for rate shopping?

Looking at pulling the trigger for a 5th Wheel Toy Hauler. Stopped at the dealer and got the standard “we work with several banks and lenders.” So, I figure it will be shotgunned when we apply. Will all those inquiries be grouped together, like when you buy a car. I wished the local CU or NFCU had better rates for RVs. Thanks.

Message 1 of 2
1 REPLY 1
Kforce
Valued Contributor

Re: Is RV loan considered an auto loan for rate shopping?


@dragonheartt wrote:

Looking at pulling the trigger for a 5th Wheel Toy Hauler. Stopped at the dealer and got the standard “we work with several banks and lenders.” So, I figure it will be shotgunned when we apply. Will all those inquiries be grouped together, like when you buy a car. I wished the local CU or NFCU had better rates for RVs. Thanks.


Is RV loan considered an auto loan for rate shopping ?

For most lenders - No

 

Message 2 of 2
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.