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
|Type of Loan||Term||APR*||Payment/$1000|
|New & Used Motorcycles and Trailers||12-36 Months||4.00%||$29.53|
|New Motorcycles and Trailers Only||84 Months||5.00%||$14.14|
|New & Used Boats and RV’s||12-36 Months||7.25%||$30.99|
More benefits of financing with MIT FCU
- Setting up automatic loan payments automatically qualifies you to receive APR discounts**
- Additional Insurance & Coverages are available through our affiliate partner, TruStage, at low rates to protect valuable assets.
*APR = Annual Percentage Rate. Rate disclosed is based on a highly qualified credit candidate. Rates may vary based on individual creditworthiness. Rates are valid as of July 1, 2021 and are subject to change without notice.
**Automatic loan payments qualifies you for a 0.25% APR reduction, with the exception of the Tuition Assistance Loan. All Personal, Student, Auto, Motorcycle, Trailer, Boat, and RV loans are eligible for an ANNUAL PERCENTAGE RATE reduction of 0.25%.
MIT FCU does not charge for the autopay service.
Discontinuing autopay will result in the loss of promotional 0.25% ANNUAL PERCENTAGE RATE reduction. Any increase in the ANNUAL PERCENTAGE RATE will result in an increase of remaining payments. For example, if Your loan was for $10,000 at 6.4% for 5 years, and the rate increased by 0.25% after 12 months, Your payment would increase by $0.95.
For the life of the loan this offer will never expire. However, the promotion may end at anytime and without notice.Go to main navigation