Caravan Loans For New & Used Caravans.
Houston Finance can arrange secured caravan loans and unsecured caravan loans for Adelaide residents looking at purchasing new or used caravans.
Secured Caravan Loans
Most caravan loans Adelaide people apply for are secured caravan loans, which means that the lender will take the caravan as security over the performance of the loan.
Secured Caravan Loan Features
- Secured caravan loans are available with repayments paid over a period of up to 60 months (5 years).
- Repayments can be paid monthly, fortnightly or weekly with a choice of payment methods convenient to you.
- The first years premium for comprehensive caravan insurance; which is required by law, extended caravan warranty and loan protection premiums can be added to the loan.
- Secured caravan loans have a fixed interest rate; interest is calculated on the unpaid balance daily. You are able to make extra payments, reducing the loan term and overall cost of the loan.
- No deposit caravan loans are possible, although often adding a deposit strengthens the caravan loan application.
Unsecured Caravan Loans
Most unsecured caravan loans are for used caravans that are older than 10 years old. If you’re looking at an unsecured caravan loan, because there is less security for the lender, your credit file will need to show a good credit history, with no defaults.
Unsecured Caravan Loan Features
- Unsecured caravan loans are available with repayments paid over a period of up to 84 months (7 years).
- Repayments can be paid monthly, fortnightly or weekly with a choice of payment methods convenient to you.
- The first years premium for caravan insurance, extended warranty and loan protection premiums can be added to the loan.
- Unsecured caravan loans have a fixed interest rate; interest is calculated on the unpaid balance daily. You are able to make extra payments, reducing the loan term and overall cost of the loan.
- No deposit caravan loans up to $40,000 are possible, although adding a deposit reduces the amount borrowed, lowering your repayments.
2 ways to Apply For Caravan Loans
Fast Way
The fastest way to get an answer for finance is to complete our easy application form online. You even have the ability to attach files from your computer.
Easy Way
The easy way to apply for finance is to request a call back. Leave some details and we’ll call you back to complete the loan application over the phone.