ithinkfi RV and Boat Loans

What qualifies

ithinkfi finances new and used RVs, motorhomes, boats, and trailers with fixed rates and terms up to 15 years, depending on the vehicle type and model year.

Motorhomes, travel trailers, fifth wheels, pontoon boats, fishing boats, and utility trailers all qualify for financing. The maximum amount and term depend on whether the vehicle is new or used, and on the model year.

All recreational vehicle loans from ithinkfi carry fixed rates, so your monthly payment stays the same for the life of the loan. There are no prepayment penalties, and you can get a prequalification decision online in minutes without affecting your credit score.

New vs used recreational vehicles

New RVs and boats qualify for the longest terms and lowest rates at ithinkfi, while used models must generally be less than 10 years old to qualify.

New vehicles depreciate fastest in the first years, so a longer term on a new RV can keep the monthly payment affordable while you spread the cost over up to 15 years. Many members choose this route for motorhomes, where the purchase price is significant.

A used RV or boat often costs less upfront and depreciates more slowly after the initial years. ithinkfi finances used models up to 10 years old with terms up to 10 years, and the same fixed-rate structure applies. A down payment may be required depending on the age of the vehicle and your credit profile.

ithinkfi does not require dealer financing. You can finance a purchase from a dealer or a private seller, and the process is the same online application.

Rate discounts for members

ithinkfi members with an active checking account and autopay receive a 0.25% rate discount on recreational vehicle loans.

The discount applies automatically when you set up automatic payments from an ithinkfi checking account. Because ithinkfi is a member-owned credit union founded in 2012, earnings are returned to members through lower rates and fewer fees rather than paid out to shareholders.

• 0.25% autopay discount from an ithinkfi checking account
• No application fees or prepayment penalties
• Fixed rates for the full loan term
• Same rates for dealer and private seller purchases
• NCUA insurance on your ithinkfi accounts up to $250,000

The prequalification process

Prequalification takes about 5 minutes online, uses a soft credit inquiry, and does not affect your credit score.

You can prequalify before you shop so you know your budget at the dealership. The prequalification amount stays valid while you find the right vehicle, and the full application takes only a few minutes more once you have chosen one.

1. Start the form

   Open the RV loan application on the ithinkfi website and enter your basic personal and income details.

2. See your offer

   Review your prequalified amount, rate, and term options instantly after a soft credit check.

3. Choose your vehicle

   Shop with confidence knowing the amount you can finance and the fixed monthly payment it produces.

4. Complete the application

   Submit the vehicle details, such as the VIN or hull number, along with proof of income and ID.

5. Sign and hit the road

   E-sign your loan documents and receive the funds directly to the seller or your account.

Managing your RV loan

You can manage your RV loan entirely through ithinkfi online banking and the mobile app, including payments, statements, and payoff quotes.

Online banking lets you make one-time or scheduled payments, set up autopay to earn the rate discount, and view your remaining balance at any time. The mobile app supports biometric login for quick, secure access.

If you sell the vehicle, you can request a payoff quote online and the lien is released once the loan is paid. There are no prepayment penalties, so paying the loan off early saves interest at any point. For questions about your loan, call ithinkfi customer service at 800-873-5100.