Serving members worldwide since 1935.
Boat & RV Loans
- Up to 90 percent financing
- Terms up to 20 years*
- Loans up to $350,000
Lending available for boats and motor homes.
Looking to buy a new or used boat or RV?
Luxury Leisure Vehicle Loans
We'll help you buy a boat or RV for non-business use. You can finance up to $350,000. The repayment term depends upon the purchase price.
Effective Jan 1, 2020
| APR* as low as | Term | Amount (up to 90% Purchase Price or Value) |
|---|---|---|
| 5.00% | Up to 5 Years | $5,000 to $20,000 |
| 5.00% | Up to 10 Years | $20,001+ to $75,000 |
| 5.50%** | Up to 15 Years | $75,001+ to $150,000 |
| 5.50%** | Up to 15 Years | $150,001 to $350,000 |
| 5.50%*** | Up to 20 Years | $150,001 to $350,000 (restricted to house boats and RVs) |
*APR=Annual Percentage Rate. Restrictions apply. May not be used in conjunction with other offers or promotions. Stated APR is the lowest rate available for qualified members and reflects 0.25% discount for Direct Deposit and automatic debit of loan payment from Checking Account with Lafayette Federal. Actual rate may be higher based on income, credit worthiness, and loan to value. Loan amount up to 90% of purchase price, up to $150,000. Vehicles for personal, non-business use only.**Loan to Value maximum to 80% for loan amounts over $150,000. ***Term of 20 yrs. limited to loan amounts above $150,000 and only available for financing "house boats” and RVs used as primary residences as defined by the IRS and NCUA.
Have questions? Just ask.
Knowledge is power. Be in the know for financial betterment.
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Cheers to extra GREEN for you in the New Year with a Lafayette Federal Holiday Loan!
Rates as low as 4.74% APR*
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We're rewarding you with our bigger, better, bolder 3.03% APY2 Relationship Checking Account!
Big banks can't compete.
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Lafayette Federal HomeAdvantage is a free member service that can help you buy, sell and save on your home.
Save $100s to $1,000s in Cash Rewards*
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