Whether you like cruising the open road on a motorcycle or exploring Minnesota’s beautiful lakes on a boat (or jet ski!), NorthRidge offers recreational loans to help! We have provided loan services for motorcycles, ATVs, snowmobiles, motorhomes and campers, boats, and everything in between! Contact a loan officer for more details on how we can help you have some fun all year ‘round!
New or used recreational loans can be used for new (or model years 10-years-old or less) motorhomes, campers, motorcycles with 699CC or higher, ATVs, snowmobiles, boats, motors, trailers, and riding lawnmowers.
Our maximum term length for qualified buyers for new and used recreational vehicles with a purchase price of less than $12,000 is 60 months; for more than $12,000 the maximum term length is 84 months, and for more than $35,000 the maximum term length is 120 months. The maximum Loan to Value (LTV) is 100% of NADA (may go as high as 120% when adding GAP Insurance and/or MRC to loan).