Boat & RV Loans
Finance Your Fun
Whether you're eyeing a sleek motorcycle, an adventurous ATV, a majestic boat, or a spacious RV, take advantage of flexible terms and unparalleled rates. At ProFed, we're dedicated to fueling your passion for exploration.
See Rates Apply NowWater Sport Vehicle & Boat Loans
Learn MoreRecreational Loans
Learn MoreRecreational Loan Rates
Apply Now| Loan Product | Collateral | Minimum Loan | Maximum Term | Rate | APR* as low as |
|---|---|---|---|---|---|
| RVs | 2019 - 2026 | $40,000 | 120 Months | Fixed | 7.39% |
| RVs | 2019 - 2026 | N/A | 60 Months | Fixed | 6.74% |
| Boats | 2019 - 2026 | $20,000 | 84 Months | Fixed | 7.24% |
| Boats | 2019 - 2026 | N/A | 60 Months | Fixed | 6.74% |
| Motorcycles, ATV's, Personal Watercrafts | 2022 - 2026 | N/A | 60 Months | Fixed | 6.99% |
| Miscellaneous Secured | N/A | 48 Months | Fixed | 6.99% |
Membership at ProFed is required. *The annual percentage rate (APR) listed are our best rates. Your rate may vary depending on your credit score. Payment Example: Recreational - 60 months @ 6.74% your payment will be roughly $19.74 monthly per $1,000 borrowed. Click here to visit our Loan Payment Calculator to determine a monthly payment that works for you
Frequently Asked Questions
No, but they are similar. ProFed offers boat, RV, and auto loans.
Any cash you contribute upfront is considered your down payment. We recommend putting down as much as you’re comfortable with while staying within your budget. In most cases, a cash down payment is not required for a boat or RV loan.
We evaluate several factors in our decision, including credit score.
Secured, meaning we always hold collateral.
Reach out to a loan officer today to ask about how the financing process works!
Your term depends on the amount borrowed.
You must carry full coverage on boats and RVs.
In general, once we receive all the information, we strive to give you a decision within 1 business day.
Underwriting would need to approve this exception, but it can be done.
Apply online or swing into a branch and apply in-person.
Most of the time, yes.
Proof of income, employment history, and required forms of ID (driver's license or state issued ID) are needed for the application process. Also, if you can provide the VIN #, that helps us so we can find a more accurate value.
ProFed does not have prepayment penalties.
If you are struggling to make a payment, reach out to a loan officer for options.