Motorhome Loan
Found the motorhome? Whether it is a compact campervan for weekends away, a six berth for touring the country or the home you plan to live in full time, the finance is the straightforward part. With clean credit, approval can arrive within the hour.
- Pre-approved within a day
- An obligation-free rate indication
What to expect
Pick the motorhome
Apply online once you know the motorhome or campervan you want and the amount you would like financed, whether it is parked on a dealer's forecourt or in another family's driveway.
A gentle first check
The opening credit check is a soft one that leaves no trace on your file, and your application is read the very day it arrives.
Matched to the right lender
Your application is measured against criteria from over 40 lenders, because the right funder depends on how the motorhome will be used, and the lowest rate available for your position is the target.
Sign from anywhere
Approval sets out the costs and conditions, the documents are signed electronically from wherever you happen to be, and the seller is paid directly. All that remains is stocking the fridge.
With clean credit, a motorhome loan can carry approval inside an hour.
Try the repayments on for size
Your repayment
*Repayments shown are estimates and nothing more; lending criteria along with terms and conditions apply.
Campervans to six berth motorhomes
Securing a loan for a new motorhome is familiar ground here, and new is a flexible word: a factory-fresh six berth and a tidy secondhand campervan both finance through the same process, backed by experience across all types of vehicles.
How you plan to use it shapes which lender suits. Live aboard year round, keep it for the holidays, or house staff on a building site in a remote area; whatever the purpose, there is a lender for it, and finding that match is what a broker is for.
An asset like this is a big decision, often years in the planning, and it can open the door to some wonderful adventures. The money side should feel small next to that: repayments agreed up front at a fixed rate, and the seller paid directly once the documents are done.
Compact campervans
Six berth and larger motorhomes
Touring and live-in use
Would you qualify?
A quick self-check
- You are 18 or older, with a parental guarantor likely between 18 and 21.
- Your income, whether from full-time work or self-employment, can carry the repayments.
- A full or restricted licence with no condition 1 covers the driving; on a learner licence, clean credit and being over 21 are the ask.
- The motorhome can be insured and your identity confirmed, as insurance and an AML check are standard conditions of approval.
A blemish on the credit file closes fewer doors than people expect. There is no set criteria sheet on the broking side, so one conversation names the lenders who would consider your position and the rate range that follows.
Happier with a voice than a form? Sam is at the end of 0508 662 456.
Motorhome loan questions
Can I finance a motorhome I intend to live in?
Yes. Living in it, recreational use and housing staff on a remote building site are all recognised purposes, each with a lender to match, so mention the plan when you apply and the search starts in the right place.
Is a deposit expected?
With clean credit, no, and volunteering one will not improve the rate on offer. Deposits come up where credit carries dents or where the asset is older or at the luxury end of the market.
Does getting a quote affect my credit score?
No. The first check is soft, ensuring no damage to your credit, and nothing further runs until we have spoken with you.
What rate applies to motorhome lending?
Motorhome loans start from 7.45%, with your credit and broader financial position setting the exact figure. Request an indication when you apply and it comes back by email or by phone, sharpening quickly after a few questions.
How soon could we be away?
Reviews run the same day an application arrives, one in before midday may be approved within the hour, and the fastest approval on record stands at 3 minutes.
Is there anything to print or post?
Nothing in almost every case. Loans complete 100% online and electronically, with no physical printing, signing or witnessing, so settlement never waits on a courier.
What does a pre-approval give me?
An offer of finance that confirms your interest rate, repayments and any conditions attached. Standard conditions are the signed loan documents, an AML check on identity and insurance on the motorhome, and none of it obliges you to proceed.
Can the loan finish ahead of schedule?
Yes. Settling early is cheap, with fees from as little as $7, so upgrading or selling later does not lock you into the full term.
Find out before you commit
Every application opens with a soft credit check, so your credit file is left exactly as it was found, and pre-approval carries no obligation to go ahead.
Lending criteria and the standard terms and conditions apply to motorhome and RV lending.