Mecum Auctions teams up with LightStream to help customers finance the classic vehicle of their dreams. Every month, we giveRead more…
Tiny home retirement living is the new trend
“… it can be easier to get financing if the home is on a mobile platform and certified by the Recreational Vehicle Industry Association, or RVIA. Then the home will qualify for a standard recreational vehicle loan with current rates between 5% and 6% for seven years — sometimes more — after a 10% down payment.”
Not many banks are lining up to make tiny-home loans. But some lenders, including LightStream, are offering unsecured loans that can be used to purchase a tiny home, says Bankrate. See the rest of the article, including perspective from LightStream’s Todd Nelson, here.