Re: Can't get financing!?
 

I've got access to some "no-doc" , no income verification boat loans. Feel free to holler!
Hugh/410-827-0200

Re: Can't get financing!?
 

It all depends on what Bank does the financing. For instance Key Bank looks at credit history and not really credit score. Other banks like M&T look more at Credit Score.

Because I got my previous boat and 2 cars via. cash, and didn't have a mortgage at the time Key Bank didn't think I had sufficient credit history.

M&T looked at my credit score which was excellent and gave me the loan! :evilb:

Re: Can't get financing!?
 

Give boatme a call. He's helped me out with my deal.

Re: Can't get financing!?
 

Do Not Use Keybank. Moronic business practices, and incredibly poor customer service.

Re: Can't get financing!?
 

Bob Allen @ Scott Financial - 954-527-0777

Re: Can't get financing!?
 

Keybank sucks. I had them for a boat loan once. Why wouldn't you want a home equity line of credit? You will be able to write off the payment on your taxes....that's a good thing :D

Re: Can't get financing!?
 

What bad experiences did you guys have with key?

Re: Can't get financing!?
 

Customer service sucked. It was very bad.

Re: Can't get financing!?
 

LOC rate is tied to the prime rate. The Fed has raised the rate substantially over the past 2 years. It is 5% now. Variable rate on a long term purchase is not a good thing.

Kyle

Re: Can't get financing!?
 

Your right....I meant a fixed mtg. Then he can still write it off. Prime rate is 8% :eek: