***i Need Financing Asap***boat Lenders
#1
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***i Need Financing Asap***boat Lenders
I Am Looking At A 2001 34 Hustler,my Score Is A 611 Right Now Until 2 Loans Come Off My Credit That Have Been Paid In The Amount Of 75k Combined!!i Am Putting $25,000 Down And Need Around 80k Financed!!
Please Let Me Know If There Is Anyone Out There To Do This Loan!
Thanks,
Zack At 609-685-0295
Please Let Me Know If There Is Anyone Out There To Do This Loan!
Thanks,
Zack At 609-685-0295
#2
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Ouch.
80k with a 611 is gonna be tough. Like Iraq war tough.
I know my bank would not fund this loan, but with collateral it MIGHT be do-able for a high rate. Gonna be a big payment.
Can't find a boat for under 100k? lol
I know my bank would not fund this loan, but with collateral it MIGHT be do-able for a high rate. Gonna be a big payment.
Can't find a boat for under 100k? lol
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#7
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Is it that much harder (or more expensive) to finance a boat with more HP (say over your standard Merc 525)? Why is that? I seem to be having problems finding finance for anything over 525 and it's not because of my financial situation.
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Kyle
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The biggest issue is the 3 lenders who were doing high hp performance boats (Regions, NCB and Flagstar) have all pulled out of marine lending. I have a new bank that I just got on board that says they will do big hp and they will consider loan amounts from $250,000 to $1,500,000. Minimum credit score of 700. I have not placed my first application with them yet but if you want to be first, give me a call and we will see how they do.
Kyle
Kyle