Financing gives you the benefit of low monthly payments at competitive interest rates. We deal with most local banks and credit unions, please feel free to contact us for details.
Dealer Financing:
Loans purchased through O'Connor Financial Services are open agreements. That means you can make an extra payment, or pay it off at anytime without penalty.
The interest rates are fixed, which means that the payment will never go up and the term will never change.
Our Loans can be tailored to your individual needs with various terms available and flexible down payment policies.
And just like home mortgages, we offer life protection as well as illness and injury protection.
But the best part of all is the interest rates; O'Connor Financial Services offer loans with interest rates that are generally lower than your own financial institution.
Our huge volume of RV loans ensures that our fixed rates are lower than your own bank or credit union.
Financial Sources:
Six Top Reasons NOT to use your Line-of-Credit:
Floating interest rate - fluctuates with the prime rate.
The bank has the right to withdraw money from your account to pay your Line-of-Credit.
Secured Lines-of-Credit use your home as collateral. Default of payment for any reason allows the bank to take your home.
The bank may require the total balance of your Line-of-Credit paid in full if you die, become insolvent or bankrupt.
If the bank sees any increase in risk to the security they can demand full payment.
Home insurance costs may be higher due to the additional Line-of-Credit.