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> Purchasing A Class A, NEED SOME ADVICE
easyrider65_01
post Mar 6 2006, 03:47 AM
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My wife and I are currently fulltime rv'ers and will continue to be for at least the next year. We are thinking about purchasing a Class A motorhome in the 100k to 150k price range. We also plan on purchasing a home (our first) in 0ne to two years. Financially it is well with in our means, but we were wondering if anyone knew if having a large rv payment (and owing a lot) would hurt us when we go to take out a mortgage on a home. Now, having enough money to make monthly payments is not an issue for us, we just want to know if owing that much will HURT us in the eyes of a mortgage lender. Thanks for any input.
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John Blue
post Mar 8 2006, 09:04 AM
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One more trick you may look at is a used class A gas unit to hold down high cost and save some money. Used units cost less and in couple years down the road you could sell it and get some of your money back. This would get you out of the travel trailer and give you more room to live in. The other post are correct on way banks look at your track record.


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John
Brandon, Fl.
FMCA F-248693
Foretravel MH
Honda CRV tow
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