road trips + lake dips

A traditional IRA can be opened by anyone with earned income (no age restriction as of 2020). A Roth IRA can be opened by anyone with earned income, regardless of age, if their adjusted gross income is below IRA limits.

At SunWest, a recreational loan can be used to finance any vehicle that is designed for recreational use. While the term “recreational vehicle” is most commonly used for motorhomes or travel trailers, it can be used in a broader sense to include boats, motorcycles, UTVs, ATVs, and more.

SunWest does not offer financing on vehicles with a salvaged or branded title.

Yep! SunWest offers GAP coverage on eligible recreational vehicles. As a vehicle depreciates, you may owe more on your loan than the value of the vehicle, and GAP insurance helps prevent you from paying out of pocket in a total loss situation such as theft or irreparable damage. See more about GAP coverage here.

Loan amount limits are determined on a case-by-case basis. Some loan terms do have a minimum amount. See below for more on the minimum loan amount based on term length.

RV
72-month must reach a minimum financed amount of $10k84-month must reach a minimum financed amount of $15k120-month must reach a minimum financed amount of $25k
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WATERCRAFT + ATV
72-month must reach a minimum financed amount of $10k84-month must reach a minimum financed amount of $15k120-month must reach a minimum financed amount of $25k
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MOTORCYCLE + UTV
72-month must reach a minimum financed amount of $12k84-month must reach a minimum financed amount of $15k