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RV Loan Application

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RV Loan Application

Please give this completed application to your SunTrust Bank Representative or mail to: SunTrust Bank, Attn: Marine/RV Lending Department, CS-CMD 7905, 147 Old Solomons Island Road, 5th Floor, Annapolis, MD 21401. Phone 1-(800) 797-2628, Fax 1-410-224-6081.

For Bank Use Only:

Bank # Branch # RU # Branch Contact

Employee # Network # Co-Applicant For: App ID #

Section A-Please Tell Us About Your Loan Request

I (We) hereby make application for a loan for the purchase or refinance of $ Term Rate

Selling Price $ Cash Down Payment $

Usage:

Engine: Horsepower

Manufacturer Seller’s Name and Address Phone

Length Manufacturer Model/Type Year

Type A Type C Vehicle Identification Number (VIN) # of Slideouts

Will the RV be used as a dwelling/residence (primary or otherwise)? Mark Box & Initial

Description of Trade-In Trade-In $

Engine Horsepower Manufacturer

Length Manufacturer Year Model/Type Type A Type C

Section B-Please Tell Us About Yourself

Corp, LLC Name TIN:

First Name Initial Last Name Date of Birth Social Security Number

Home Address City, State, Zip

Primary Phone (required) Cell Phone Work Phone Email Address

Number of Dependents Place of Birth Are you a U.S. Citizen?

Mthly Rent/Mtg Pmt $

Landlord/Mortgagor Yrs/Mths There Year Purchased Purchase Price $ Second Mtg. Balance $

Previous Address City State Zip Code Yrs/Mths There

Name of Employer * Position/Occupation Start Date Gross Annual Salary $

Name of Previous Employer * Position/Occupation Start Date End Date

Checking Account Bank Savings Account Bank

Source Of Other Income Annual Amount $

Name and Address of Closest Relative Not Living At Your Address Relationship Home Phone

Section C-Please Tell Us About Your Co-Applicant

First Name Initial Last Name Date of Birth Social Security Number

Home Address, City, State, Zip Number of Dependents

Primary Phone (required) Cell Phone Work Phone Place of Birth Are you a U.S. Citizen?

Name of Employer * Position/Occupation Start Date Gross Annual Salary $

Name of Previous Employer * Checking Account Bank

Savings Account Bank

Source Of Other Income Annual Amount $

Section D-Please Tell Us About Your Financial Obligations

List all your current obligations, including banks, finance co., dept. stores, credit cards, leases, unpaid taxes, alimony, and child support, etc. A Personal Financial Statement is required on all RV Loans.

In compliance with recent federal legislation, we will be verifying pertinent information which will enable us to confirm your identity.

A copy of your tax return, W2, or earnings statement must be submitted prior to your settlement date for income verification.

I/We authorize the Creditor to make whatever credit inquiries it deems necessary in connection with this credit application or in the course of review or collection of any credit extended in reliance on this application.

I/We authorize and instruct any person, including but not limited to, all local, state, or federal governmental agencies, or consumer reporting agencies, to complete and furnish the Creditor any information that it may have or obtain in response to such credit inquiries and agree that such information, along with this application, shall remain the Creditor’s property whether or not credit is extended.

I/We authorize the Creditor to furnish credit information, including insurance information, to persons who may lawfully receive and use such information.

Referral: Unless I/we initial here, SunTrust Bank is hereby authorized to share this application and credit information with its affiliates or other lenders, which may consider my/our application for loan approval/purchase. This statement does not limit SunTrust's right to sell or assign any loans to a third party. Applicant/Co-Applicant initials

I/We certify that the information provided in this application is being given for the purpose of obtaining the credit described above and is true and correct as of this date.

Applicant's Signature

Date

Co-Applicant's Signature

Date

Co-Applicant's Signature

Date

Co-Applicant's Signature

Date

Section E-Please Provide Your Personal Financial Statement

as of (date)

Important: Check box "J" if assets or liabilities are owned jointly or owed jointly.

Assets / Liabilities

Please use the space below or a separate sheet if you need additional space.

Schedule 1 – Banks Where Accounts Are Maintained (Show joint accounts by checking Box “J”)

Schedule 2 – Stocks, Bonds and Mutual Funds

Schedule 3 – Life Insurance

Schedule 4 – Real Estate

Have either of you ever declared bankruptcy or had any judgments, repossessions or other legal proceedings filed against you?

Have either of you obtained credit under any other name? If yes, what name?

Are either of you obligated to make monthly alimony, child support or maintenance payments? If yes, show amount.

Are you a co-maker, endorser, or guarantor on any loan? Are you liable on debts not shown such as leases or unpaid taxes?

If yes to either of these questions, please provide details.

Enter text✕

What an RV Loan Application Is and What It Does

An RV Loan Application is a standardized form used to request financing for a recreational vehicle. It collects borrower identity, employment, income, asset and liability data, and vehicle details (VIN, make, model, year). Lenders use the application to order credit reports, verify income and insurance, determine loan terms, and assess collateral. The application typically includes authorizations for electronic credit checks and lien recording. When completed correctly it forms the basis for underwriting, conditional approval, and the security instrument that secures the loan.

Why a Complete RV Loan Application Matters

A fully completed application speeds underwriting, reduces requests for follow-up, and limits processing delays. Clear authorizations for credit checks and lien filing support legal compliance under ESIGN and UETA when e-signed, and help lenders make timely decisions.

Why a Complete RV Loan Application Matters

Who completes and reviews RV Loan Applications

Typical participants in the RV loan lifecycle include borrowers, co-borrowers, dealer finance desks, and lender underwriters. These roles interact at different stages of application, verification, and closing.

  • Individual borrowers and co-borrowers who provide personal, employment, income, and identity information for credit assessment.
  • RV dealers and broker finance desks that collect the application, verify vehicle details, and forward documents to lenders.
  • Lenders, credit unions, and specialty finance companies that underwrite, approve, and record liens against the vehicle title.

Knowing each party's responsibilities helps avoid errors, ensures proper signatures, and clarifies who must provide supporting documents such as proof of insurance and income.

Step-by-step: how to complete and submit the application

Follow these four steps to reduce errors and speed lender review.

  • 01
    Gather Documents: Collect ID, pay stubs, insurance proof, and title documents.
  • 02
    Complete Form: Enter all fields accurately; include VIN and SSN.
  • 03
    Authorize Checks: Sign credit and verification authorizations where indicated.
  • 04
    Submit: Send to lender or dealer; retain a copy for records.

Core sections every professional RV Loan Application should include

A complete application groups data so underwriters can assess credit, collateral, and repayment capacity efficiently.

Borrower Identity

Full legal name, SSN/TIN, date of birth, current and previous addresses, and contact details used for identity verification and credit pull.

Employment & Income

Employer name, job title, tenure, gross income, and supporting documentation such as pay stubs, W-2s, or tax returns for self-employed borrowers.

RV Information

VIN, year, make, model, mileage, purchase price, seller/dealer name, and intended use of the vehicle as collateral for lien recording.

Loan Terms

Requested amount, desired term, estimated monthly payment, down payment, and disclosures on APR, fees, and prepayment terms.

Authorizations

Credit inquiry consent, employment verification permission, and title/lien recording authorizations — required for underwriting and collateral perfection.

Signatures & Dates

Signature blocks for borrower, co-borrower, and dealer; dated signatures establish execution date and trigger conditional underwriting steps.

Required information and common field entries

SSN / TIN: Nine digits
VIN: 17-character VIN
Income: Gross monthly
Employment: Employer name
Address: Street, city, state, ZIP
Signature: Typed or e-signed

Common application errors to avoid

  • Entering an incorrect VIN or partial VIN which prevents title matching and delays lien perfection by days or weeks.
  • Mismatched names between driver's license, title, and application leading to identity verification failures and funding delays.
  • Omitting co-borrower income or failing to attach required pay stubs, forcing manual underwriting and extension of decision timelines.
  • Using imprecise loan amounts or rounding that conflicts with dealer contracts, causing reconciliation errors at closing.

Consequences of inaccurate or incomplete information

Application Denial: Possible
Funding Delay: Typical
Tax Withholding: Backup withholding risk
Legal Liability: False statements risk
Title Issues: Lien recording failure
Identity Flags: Credit freeze or fraud alerts

How submission and e-signing typically flow

A modern e-submission workflow batches verification, signing, and title/lien instructions for efficient processing.

  • Prepare: Dealer or borrower uploads form and supporting documents.
  • Authenticate: Signers verify identity by email, SMS, or KBA if required.
  • Sign: Parties apply electronic signatures and initial required pages.
  • Record: Lender records lien with state motor vehicle agency.

Configuring an online application workflow

Configure fields, authentication, and routing to match lender policies and compliance requirements.

Field Configuration
Signature Authentication Email plus optional SMS one-time passcode
Conditional Fields Show co-applicant fields when checkbox selected
Magic/Auto-fill Map borrower data from CRM to reduce re-entry
Notifications Email alerts for status changes and completed signatures

Technical and format requirements for e-submission

Ensure documents are uploaded as supported file types and that signers can authenticate using available methods.

  • File Formats: PDF, DOCX supported
  • Integrations: CRM, storage, and LOS integrations
  • Authentication: Email, SMS, or advanced methods

Typical timelines and processing expectations

Processing times vary by lender volume, authentication strength, and state title office capacity.

Acknowledgement of Receipt:

1–2 business days after submission

Credit Report Turnaround:

24–72 hours for automated pulls

Underwriting Decision:

3–7 business days typical

Funding After Approval:

1–5 business days once conditions satisfied

Title/Lien Recording:

1–30 days depending on state DMV

eSignature vendor comparison for RV loan workflows

Comparison of common provider starting prices and basic capabilities relevant to loan application workflows. signNow is listed first per vendor ordering rules.

signNow DocuSign Adobe Sign PandaDoc HelloSign
Starting Price $8/user/mo $15/user/mo $14/user/mo $19/user/mo $15/user/mo
Free Trial 7-day free trial No No No No
Bulk Send Yes Yes Yes Yes No
Audit Trail Yes Yes Yes Yes Yes
HIPAA Compliant Yes Yes Yes No No

Real-world scenarios showing application use and outcomes

Two brief examples illustrate common RV loan workflows and operational outcomes for lenders and dealers.

Dealer Finance Workflow

A dealer collects buyer data and uploads the signed application into the lender portal

  • Dealer triggers a credit pull and conditional approval
  • After underwriting clears, the lender funds the loan and records a lien, enabling timely vehicle delivery and title processing.

Credit Union Member Loan

A credit union member applies online and e-signs required authorizations

  • Underwriting verifies income and issues a decision in three business days
  • The loan funds once insurance is confirmed and lien instructions are transmitted to the state DMV for recording.

Practical tips to complete RV loan applications accurately

Adopt these practices to reduce errors and accelerate funding while maintaining compliance.

Verify VIN and Title Source
Cross-check the VIN against the title or manufacturer documentation before submission to avoid lien recording issues and downstream title corrections.
Match Names Across Documents
Ensure the applicant name matches government ID, social security records, and title to prevent identity verification failures and funding delays.
Attach Required Proof
Include pay stubs, tax returns for self-employed borrowers, and insurance declarations to speed underwriting and avoid conditional approvals.
Choose Appropriate Authentication
Use stronger signer authentication for higher-risk loans and maintain an audit trail satisfying ESIGN and UETA evidentiary elements.

Frequently asked questions about completing and submitting the application

Answers to common questions about documents, e-signing, notarization, and updating application details.


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