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JamesL73
09-05-2018, 02:01 PM
I’m wondering if anyone has found a bank or credit union that would allow an RV to be financed as a mortgage loan rather than just a personal loan. I do not own a “house” but am trying to have a mortgage on my credit profile to maximize my FICO score. Any information would be much appreciated.


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Squirlee
09-05-2018, 07:26 PM
I’m wondering if anyone has found a bank or credit union that would allow an RV to be financed as a mortgage loan rather than just a personal loan. I do not own a “house” but am trying to have a mortgage on my credit profile to maximize my FICO score. Any information would be much appreciated.


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I would suggest that because of the type of item being financed a bank wouldn't mortgage it.

jerryjay11
09-06-2018, 08:52 AM
Probably not because it is a recreation "vehicle" and not a house and it depreciates in value.

jnbhobe
09-06-2018, 02:08 PM
Do a home equity loan??

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JohnDar
09-06-2018, 02:23 PM
Do a home equity loan??

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Without a sticks & bricks, a HELOC probably won’t fly, either.


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jnbhobe
09-06-2018, 05:11 PM
Without a sticks & bricks, a HELOC probably won’t fly, either.


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My mistake, I missed that !!