Forum Discussion
XytheX
Jun 19, 2017Explorer
Personally, I'd avoid using a Home Equity loan to finance a vehicle, RV or otherwise. If something goes drastically wrong with your financial situation you risk losing your house.
Talk to, and establish a relationship with your local Credit Union. They often underwrite in-house, giving you the chance to pitch your case to the person actually approving the loan. Having an ongoing relationship with a Credit Union is a wise move that could benefit you for many years to come. Even if you don't get approval they can help you figure out why and perhaps help you find something that works better for your situation.
Talk to, and establish a relationship with your local Credit Union. They often underwrite in-house, giving you the chance to pitch your case to the person actually approving the loan. Having an ongoing relationship with a Credit Union is a wise move that could benefit you for many years to come. Even if you don't get approval they can help you figure out why and perhaps help you find something that works better for your situation.
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