Aven and Forest River launch RV financing via HELOC

Fintech lender Aven and Forest River have launched the Forest River Homeline Card, a co-branded home equity line of credit (HELOC) designed specifically to finance recreational vehicle (RV) purchases.

This product allows qualified homeowners to apply for credit lines of up to $400,000 through participating Forest River dealers, moving the home-equity financing process closer to the point of sale. Unlike traditional bank-issued HELOCs, this revolving line of credit combines home equity access with card functionality. Because the debt is secured by residential real estate, borrowers use their homes as collateral for the RV purchase.