Blog Tag - Loan Terms

You might wonder whether it’s a wise financial decision or whether you’ll face challenges securing a loan. In this guide, Capital Recreation will explain RV financing in Ontario for older recreational vehicles.

People looking to live in their RV full-time often ask the same question: Is an RV loan considered a mortgage? As an RV dealer in Ontario, Capital Recreation understands your curiosity and is here to provide clarity.

Financing your RV can vary greatly depending on several factors, including where you finance, your credit health, and the age of the RV. Generally, you can stretch the loan terms from as short as 10 years to as long as 20 years for newer models through various financial institutions like banks.