Southeast Financial

30th Annual Quartzsite RV Show Draws a Crowd | RV Business

Its almost RV season if you are looking for a new RV this is a great article to ready.  

30th Annual Quartzsite RV Show Draws a Crowd | RV Business.

What Is A Recreational Vehicle?

What is a Recreation Vehicle (RV)?

    Southeast Financial finances recreatonal vehicles so some of you may ask what exactly is a recreational vehicle?  We decided to go to a great source which is rvia.org and this is how their website defines a recrational vehicle.  

"A motorized or towable vehicle that combines transportation and temporary living quarters for travel, recreation and camping. RVs do not include mobile homes, off-road vehicles, snowmobiles or conversion vehicles. RVs are sold by recreation vehicle dealers."  this is a great explanation.  It talks about what Southeast Finances they specialize in Horse Trailer Loans both living quarter and non living quarter, boat loans, motor homes, travel trailers, fifth wheels, boats, and motorcycles.  

A travel trailer does not have a motor and it is pulled behind your vehicle.  It is smaller so you can pull it with your truck or your SUV.

A fifth wheel must be pulled with a truck because the hitch is in the bed of the truck.  The master bedroom is actually over the truck bed.  These are larger than travel trailers.

 Motorhomes comes in 3 main classes which are Class A motorhomes, Class B motorhomes and Class C motorhomes.  

Class A motorhomes are the largest motorhomes and usually the nicest.  These are motarized motorhomes.  These are good for long vacations or short trips.  

Class B motorhomes looks like a van but its roof is raised up more and has more headroom than a van.  These are self contained though they usually have a sink, fridge, hot water, air conditioner etc...

Class C motorhomes are similar to class A motorhomes but on a much smaller scale and they do not cost as much as a Class A motorhome.  

A horse trailer is a trailer used to transport horses.   Southeast finances these with or without living quarters.  According to Wikipedia "There are many different designs, ranging in size from small units capable of holding two or three horses, able to be pulled by a pickup truck or even a SUV; to gooseneck designs that carry six to eight horses, usually pulled by 1-ton dually-style pickups; to large semi-trailers that can haul a significant number of animals."

A boat according to Google is" A small vessel propelled on water by oars, sails, or an engine."

A motorcycle according to Google is "A two-wheeled vehicle that is powered by a motor and has no pedals"

 

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Where to buy RV Accessories for Coleman Campers

Where To Buy Coleman Camper Accessories

Whether you’re looking for camping supplies, motor homes or pop up trailers, or mechanical accessories to travel trailers, such as rv awning light sets, there are plenty of resources that can offer you accessories for a price – a high price or possibly a low price.  If you are shopping at retail stores like Target or Sears, then expect to pay top dollar.  Have you ever thought about shopping at an RV store or RV dealership?  While camping supplies might be priced intermediately, unless you meet a very friendly dealer (or know somebody) the RV store will probably charge you the full price for any RV part you need.  It’s convenient to buy merchandise with an RV vendor, so of course you will be paying extra for that convenience. 

Used and new RV parts and other camper accessories can be found on the Internet, from online vendors who discount prices from the RV stores (since they do not worry about overhead costs for a rented or leased location) as well as wholesalers who offer prices just slightly above manufacturing costs.  Some popular wholesalers online include RV Wholesalers, DTI Parts, and BR Wholesale RV and Marine.  These vendors are ideal for ordering parts, whereas camping supplies from The Sportsman’s Guide.  RV Toy Outlet is a good site for recreational gadgets to accompany your travel, like GPS units, lights and cameras.  If you have a dealer’s license then you can check out www.WholesaleCentral.com  for the best prices dealer to dealer. 

Used parts and supplies are another option that’s not as shaky as it sounds, provided you thoroughly inspect the used part and make sure it is in good working condition.  Trailer parts and camper parts are available from auction sites like Ebay Motors, as well as classified ads in your newspaper and from RV Trader on line.  On Ebay, you can find parts, patch kits, replacement fabric, hangers and clamps for travel trailer awnings.

While there are plenty of sources for camping supplies, only a careful search and comparison between many vendors will give you the best bargain on Coleman camper accessories.

  Article By Adam O’Connor, www.RVTravelPro.com

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rv loan process once approved

rv loan process once approved

Once I am approved for the rv loan, what documents do you require to finalize the loan?

. Upon approval, we will require

• title (copy of front and back )

• seller contact Information (name, address, phone #)
• lien pay-off (as applicable)
• copy of all applicants’ driver's license
• proof of full coverage insurance with a minimum of $500 deductible
• other documents from Southeast Financial
• proof appropriate lien holder information will be recorded 

Another question we get asked alot is 

How lengthy of a term can I get a rv loan for?

A. The terms will differ dependent upon the unit selected, amount you request to finance and credit profile. Typically on a RV, financing above $25,000.00 you can receive up to a 180 month term (15 years) in some cases extended terms maybe available. If you financing rv over $10,000.00 you can receive up to a 120 month term (10 years) and in some cases extended terms maybe available.

How much down payment is required?

A. With the fluctuations in today's economy and market, more times than not the lenders are demanding a minimum of 10% down on new units, but with excellent credit there are some no-money down programs available. 

Types of RV’s:

Travel Trailers

Heavier units with rigid sides designed to be towed by most vehicles by means of a bumper or frame hitch.

Fifth Wheel Travel Trailers

Designed to be towed by a pickup truck equipped with a special hitch in the truck bed.

Campers

Campers of all types, excluding folding or "pop-up" camper trailers with sides that collapse for towing and storage.

Motorhomes

 

 

financing rv advice and tips online

Finance RV Advices

Don’t “over” shop your credit at too many places.

Don’t fill out requests at several business organizations and have all of them scrutiny into your credit history. Doing so can make you look distressed and lower your credit score—particularly if you yield to requests to 10 or 20+ institutions.

Note that Southeast Financial runs your credit report but with our 14 years of experience, we are well-informed in make sure that only the best few bank option(s) are communicated which make certain that your credit score will not be harmfully impacted.

Make sure that you have a reasonable debt to income ratio.

Your debt to income ratio (DTI) is a crucial gauge of your true monetary picture, and it is absolutely the lending industry's amount of fiscal health. Your debt to income (usually household) ratio is intended by dividing monthly minimum debt payments (excluding mortgage or rent, utilities, food, entertainment) by monthly gross income. For example, someone with a gross monthly income of $4000 who is making minimum payments of $1600 on debt (loans and credit cards) has a debt to income ratio of 40% ($1600 /$4000 = .40). If your debt ratio is typically under 40% you’re usually in good shape with most lenders (whose formulas vary). Some lenders will include your home mortgage but raise the acceptable ratios, and others do not. While variations will result in different percentage outcomes, the overall concept is the same: a debt to income ratio compares debt load to income.

Be able to put at least 10% down on your purchase.

This is not a requirement at Southeast Financial but it does help. 

Almost all banks that finance RV and trailers require at least a 10% down, and very few do 100% financing. It’s almost an immediate red flag in getting a reasonable loan—or any type of loan--if you cannot pay at least 10% down on the purchase price. And watch out for credit rip-offs that deferred payments—you’ll end up paying a LOT more for such rv loans.

More questions about finding the best loan for the motor home, RV loan , camper, horse trailer loan, boat financing or motorcycle that you want to buy?

 

 

RV loan Calculator How Important They Are

RV Financing Calculator - Let It Help You In Your New Recreational Purchase!
What Is an Recreational Financing Calculator?
An Recreational financing calculator is a tool that helps you, the Recreational buyer, determine what payments are interest rates fit well with your budget . The loan calculator is easy to use , and is the most best tool a Recreational buyer can use on his/her own as a consumer. An rv loan calculator can help you no matter what type, style, or make of recreational vehicle you are thinking about buying - Class A, Class B, Class C, travel trailers, toy haulers, horse trailers, fifth wheels,motorcycles.

It's Free And Easy Why Not Use It!
Most of the time, you will be able to find a Recreational financing calculator on the internet for no charge. By looking at Recreational dealer websites, or other recreational vehicle financing sites, you will find the Recreational financing calculator there for you to use. The Recreational financing calculator is there to help you in determining your budget limits. You will enter different interest rates, down payment options, and desired monthly payments into the Recreational financing calculator to see what matches your budget's needs. The Recreational financing calculator is a awesome on-line tool to use, especially since buying a Recreational unit can seem to be an overwhelming experience. This helpful tool will keep you looking at Recreational units, choosing options, and working with a loan officer that are all well within your budget. The Recreational financing calculator will ensure your monthly payments are real and within your pocketbook.

You will need to know the loan amount you are requesting.
What are the interest rates you are being offered or are seeing on the internet for Recreational sales?
What is your desired monthly payment?
What is the dollar amount, if any, that you can put down on the recreational vehicle as a down payment?
Do you want to purchase Recreational insurance, a warranty, or extended Recreational warranty on your new or used motor home?
Does the state/city where you live/where the Recreational will reside/ where you are buying the Recreational have any mandatory taxes, such as sales tax?
Where Do I Find This Instrument And When Do I Use It?
The recreational vehicle financing calculator can be found on-line at websites that refer to motor home or RV financing, as well as RV dealership websites. The form will vary from site to site, but you should use the tool BEFORE going in to purchase or refinance an RV. This gives you, the buyer, advantages. You have definite numbers that are accurate in your head regarding your new or used RV purchase. You can tell this to the loan officer and/or dealer, which gives you a strong communication level and make the purchasing process efficient.

RV

Cure for Leveling Jack Woes: Many motorhome owners have had to cope with intermittent failure of a pesky leveling jack to completely retract. Usually the result is the triggering of threatening alarms warning the vehicle is not safe to drive. This is great when the driver has truly forgotten to retract the levelers; but when one fails to retract by a fraction of an inch or more, its a nuisance to have to fix. We've found that a product called "Dri-Slide", primarily sold as a bicycle lubricant, has been a great product to use on leveling jacks. It does not attract dirt/dust, and the jacks retract much more quickly than before. Thanks to David Eidell for the tip... Factory Direct Sales: We've recently added NeXus RV to our list of manufacturers. This new maker of Class C and B+ motorhomes has opted to sell "factory direct", and has set up a nationwide chain of affiliated service centers. It's an interesting business model that does not depend on the traditional manufacturer/dealer paradigm. County Parks -- Missed Opportunities: We've long wondered why so precious few county and local governments, port authorities, etc. with idle real estate don't have a closer look at the potential for RV park development. There are of course a few stunning success models -- but what's really stunning is the lack of any vision or motivation by other local governments to tap into an excellent economic opportunity. Rule, Rules, & More Rules: Most of us who have been RVing for a long time have "seen it all" when it comes to RV park "Rules". Sometimes they're tastefully done. But too often they reflect very poorly on the park. We've just posted some views on that for the benefit of our RV Park Owner readers. RV Window Failures: Far too many RVers have found it necessary to deal with the issue of fail dual pane glass. Typically these are side windows that are unsightly and almost unuseable because they either have become "foggy", or the seal has failed and begun coursing in random paths through the interior of the glass. In some cases their may be a safety hazard. We examine this issue in our latest article.Roadside Assistance: Something RVers need both for their RV and for their personal vehicles... We recently took a second look at AAA coverage, and found the towing distance is limited to 5 miles unless one opts for the premium package. Yet our auto insurance coverage can be extended to provide essentially the same (in some respects better) coverage for $1/per month per vehicle. And our RV insurance coverage can include roadside assistance for $25 per year. These are worth considering...

we found this article on http://www.rversonline.org/RVBB.html and thought you would like it 

How to Finance a rv

How to Finance a rv.
If you want to buy a rv, horse trailer, boat or motorcycle, you may have to finance your purchase with an RV (recreational vehicle) loan. These loans often have different rules from other loans. Southeast Financial req...

uires you to take out a minimum loan of $7,500 or $10,000 for boats and motorcycles, the lending requirements will be different than cars and homes due to the fact that they are categorized as luxury items. Despite these differences, financing a rv with an RV loan does not have to be stressful. Call 866-900-8949 for more information.

www.southefinancial.com

Southeast RV loans Something For Everyone

RV Financing for all people

 

For those thinking of acquiring a recreational vehicle (RV),|right now there are numerous RV Financing possibilities to chose from. regardless of whether you are fascinated , RV loans or some other type of motorhome financing, being mindful of all of your options is crucial in order to get the several from your money.

 

 Know Your Motorhome Financing Options!

Why shell out money on hotels that you will never get back, when you can spend in a recreational vehicle that you can own and use for years. possessing your own RV lets you get out on the open road guaranteed that you always have a good, clean place to stay -- no matter where you go!

 

When it comes to RV financing, don't come to feel that you are committed to your local bank, local RV dealer, local savings & loan when you are looking for easy RV loans. The internet permits you to find the best RV loans at the greatest RV financing rates. 

 

Among the types of motor home loans available are: new RV loans, used RV financing, guaranteed RV loans, and long term RV loans. And no matter what your RV financing specifications are, you can visit the RV Financing Now web site will be working to help you find the best lenders for RV loans.

 

 

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RV Refrigerator Options

What if your gas refrigerator stops working and you determine that the problem is definitely in the cooling unit. perhaps (and most often), you opened the rv refrigerator door one day and were blown back by the strong smell of ammonia. What do you do now?
Your three options, in order of decreasing cost, are
1. buy a whole new refrigerator2. buy a new cooling unit only, maintaining your old cabinet, or3. buy a repaired cooling unit or have your cooling unit fixed
If your old rv refrigerator is affected by irritating, ongoing control problems, or has a badly splitting or cracking interior lining in the food compartment, and is over 20 years old, buying a new refrigerator is most likely your best option. You'll get a fresh start with a new refrigerator that is covered by a manufacturer's warranty (typically one year on the cooling unit and five years on the controls) . But all these advantages come with a stiff price tag ranging from $1,100 to $1,800. If your refrigerator is less than 20 years old and runs reasonably well otherwise, you should significantly consider either buying just a new cooling unit or having your cooling unit fixed. If you do buy a new refrigerator, don't write off your old refrigerator as worthless junk. You should be able to get about at least a $50 trade-in value from the dealer you're buying the new refrigerator from. The unit will either be used for parts or someone will try to repair it and sell it 
Buying a New Cooling Unit
Since most of the cost of a gas refrigerator is in the cooling unit, it's not surprising to find that buying a new cooling unit is still an costly option, although usually less than or equal to buying a whole new refrigerator. Depending on the make and model of your refrigerator, you can expect to pay anywhere from $800 to $1,200 for a new, replacement cooling unit for your rv refrigerator. The dealer or shop you are working with may or may not charge eradication and installation fees on top of this, which can be as much as $300. For this reason, by the time you add up the costs of buying a new cooling unit and having it installed, it usually is sensible to promote in a few more dollars and get a whole new refrigerator.
Buying a new cooling unit is a good choice if
you are completely  love  your refrigerator cabinet and want to keep it at any cost, andyou do not have easy access to a qualified gas refrigerator repair shop.Having Your Cooling Unit Repaired
Having your cooling unit fixed is the least expensive alternative and, if you do not know what defines a reliable repair, can be the most annoying option if the cooling unit fails again soon after having it repaired However, having your cooling unit correctly and competently repaired, or rebuilt, can save you hundreds of dollars and offer you with many years of trouble-free