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Aven and Forest River Add HELOC Financing to RV Dealerships
Original: Aven, Forest River Bring HELOC Financing To RV Dealerships
Aven, a home equity lending platform, and RV manufacturer Forest River are bringing home equity line of credit financing directly to RV dealerships. The partnership lets buyers fund recreational vehicle purchases through their home equity at the point of sale, an alternative to traditional RV loans that may offer better rates. The move signals growing competition to channel home equity into big-ticket consumer purchases.
Why now: The unusual pairing of mortgage-style HELOC financing with RV retail offers buyers a potentially cheaper way to finance large purchases amid high interest rates.
Evidence
- Aven, Forest River Bring HELOC Financing To RV Dealerships · National Mortgage Professional
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