Finance Recomendations
I am looking for recommendations to finance a pre-owned Class A. I am purchasing from an individual and am planning to finance for now. I will likely payoff when house is sold next year (unless it mak...
Forum Discussion
wannavolunteerFT wrote:
I am looking at two sources of financing, both of which have advertised 3 or more percent less than my credit union. One is Essex Credit (a Division of Bank of West) and the other is Southeastern Finance.
One of the ways they can quote a lower interest rate is they charge fees to initiate and then close the loan. I think Essex Credit will charge $500+, and if you add those fees to what you pay in interest, you may find that the effective rate from your credit union is more favorable.
Be sure to ask about all fees!!!!!!
