Available for new or used motorcycles, utility trailers, RVs and boats
Recreation is more enjoyable with the money-saving features of MIT Federal Credit Union's recreational vehicle loans. Get a low, fixed rate and your choice of term based on your credit score, vehicle type and condition
- No processing fees
- No service fees
- No prepayment penalty
100% financing may be available for motorcycles and utility trailers
Other Vehicle Loans
Effective Date: Sunday, January 24th, 2021
| Term | APR* | Smart Money Rewards** | Payment/$1000 |
|---|---|---|---|
| New Motorcycles | |||
| Up to 7 Years | 5.25% | 5.00% | $14.14 |
| Used Motorcycles | |||
| Up to 6 Years | 5.25% | 5.00% | $16.11 |
| New or Used Boats | |||
| Up to 10 Years | 5.25% | 5.00% | $10.75 |
| New or Used RV | |||
| Up to 10 Years | 5.25% | 5.00% | $10.75 |
| New or Used Utility Trailer | |||
| Up to 5 Years | 5.25% | 5.00% | $19.01 |
More benefits of financing with MIT FCU
- Smart Money Rewards** participants who use automatic loan payments will receive APR discounts*
- Additional Insurance & Coverages are available through our affiliate partner, TruStage, at low rates to protect valuable assets.
*APR = Annual Percentage Rate.
**Using Smart Money Rewards and/or obtaining a Disability Insurance policy qualifies you for a 0.25% APR reduction, up to a total maximum deduction of 0.50%.
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