Water or land: What's your pleasure?
Whether you’re in the market for a new or used boat or large recreational vehicle, or want to refinance a higher-rate boat or RV loan from another financial institution, LOC offers competitive financing to help keep your budget intact. We offer some of the best boat and RV loan interest rates around.
Our Boat & RV loans offer:
- Low fixed rates on new and used boats and RVs
- Up to 115% financing
- Ability to lock your rate in for up to 45 days while you shop
- Flexible boat and RV Loan terms, up to 180 months based on amount financed
- The ability to leverage any equity in your vehicle boat or RV to pay off higher-rate debt elsewhere at the rate of your auto loan
| Year | Fixed APR As Low As | Heroes Program Fixed APR As Low As | Term | Minimum or Maximum |
|---|---|---|---|---|
| 2022-2025 | 6.29% | 5.99% | Up to 60 Months | $10,000 Min/$100,000 Max |
| 2022-2025 | 6.59% | 6.29% | Up to 84 Months | $10,000 Min/$100,000 Max |
| 2022-2025 | 6.84% | 6.54% | Up to 120 Months | $15,000 Min/ $100,000 Max |
| 2022-2025 | 7.09% | 6.79% | Up to 144 Months | $25,000 Min/ $100,000 Max |
| 2022-2025 | 7.59% | 7.29% | Up to 180 Months | $50,000 Min/ $100,000 Max |
| 2022-2025 | 8.59% | 8.29% | Up to 240 Months | $50,000 Min/ $100,000 Max |
| 2018-2021 | 7.89% | 7.59% | Up to 60 months | $10,000 Min/$100,000 Max |
Learn how to enroll in our Loving Our Communities Heroes Program Payment Example: A loan amount of $50,000 with a rate as low as 5.99% for 60 months would have an approximate monthly payment of $966.00 APR = Annual Percentage Rate | 100% Max LTV Subject to approval. Approval and actual rate and term offered is based on overall creditworthiness factors and satisfactory collateral. Restrictions Apply. | ||||
Are you ready to join LOC?
It’s easy to become a member of LOC Credit Union!
Membership is open to anyone who lives, works, worships, or attends school in the state of Michigan.
A current or eligible member's immediate family (spouse, sibling, child, grandchild, parent, grandparent) or an individual living in the same household of a current or eligible member can also join LOC.
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Call: 800.837.4562
Text: 248.474.2200
Monday - Thursday 9 am to 5 pm
Friday 9 am to 6 pm
Saturday 9 am to 1 pm
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