Forum Discussion
5Mainecampers
Mar 02, 2015Explorer
The banks will first look at reastablished credit you have established since. Second they will look at employment/ income--- the fixed income might be a problem- thirdly they look at current residence- less than 2 years at same address increases risk- transient is extremely high risk but can overcome if you have excellent credit and down payment. Average credit risk typically requires 20% down. Best if luck
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