Motorhome Refinancing is available for motor home owners who are looking for a lower interest rate on the balance of the note on the recreational vehicle they purchased at a time when the interest rates were higher. Refinance companies who offer these loans have web sites with online applications. These companies will contact the bank with the current loan, get the pay-off number and payment record. Many will get information from three or four lenders and pass that information on to the applicant for comparison. With that information in hand, the applicant then contacts the motorhome refinancing company with his choice, and the process begins. Most lenders will not consider a refinance loan under $40,000, and a credit score of at least 700 is required by most. There are some who will consider a credit score of 600, but they are few in number. Like many other areas of finance, motorhome financing is easier when a good credit score has been maintained.