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Old 05-01-2008, 07:31 PM
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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
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Old 05-02-2008, 10:17 PM
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Default 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
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Old 05-05-2008, 07:54 PM
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updated score is 621 if it helps
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Old 05-06-2008, 10:38 PM
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anyone
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Old 05-06-2008, 11:04 PM
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PM me. I have private sources
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Old 05-07-2008, 01:31 PM
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Bill,
I can not PM you. Can you email me the info for your lender.
[email protected].
Thanks,
Matt
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Old 05-07-2008, 02:58 PM
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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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Old 05-07-2008, 04:35 PM
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Originally Posted by Big Time
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.
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
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Old 05-07-2008, 05:07 PM
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how do you guys do to know what is your credit score?
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Old 05-07-2008, 05:13 PM
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Originally Posted by Loan Ranger
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
Only looking to finance around 50k...guess that doesn't make the cut?
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