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need boat loan

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Old 10-13-2006, 04:13 PM
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Default need boat loan

I have a buyer for my boat. !!!
he needs a boat loan. His credit union and another bank will only loan for about 1/2 the sell price of the boat based on NADA !!
we all know that NADA is way under.....

looking for loan less than $30k on 1988 Formula

who can help us

Rambunctious

thanks !!!
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Old 10-13-2006, 04:18 PM
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Default Re: need boat loan

fniguy.com on the board can do it easy

just did one for me


call bill 954 263 6049
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Old 10-13-2006, 05:05 PM
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Default Re: need boat loan

home equity note......
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Old 10-13-2006, 05:08 PM
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Default Re: need boat loan

I can handle that for you. You can reach me on my cel at 727-741-8150 or email at [email protected]. He can complete an online application by clicking on my link here on OSO and we will have a decision for him very quickly. Let me know if you have any questions. Thanks.
Kyle
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Old 10-13-2006, 05:08 PM
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Default Re: need boat loan

Melanie Jolles at Beacon Marine Credit

Melanie Jolles, Sales Manager
Beacon Marine Credit division of NetBank FSB
866-523-2266 office
954-522-7106 fax

she has done many loans for people here and is great to work with...
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Old 10-13-2006, 05:19 PM
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Default Re: need boat loan

Originally Posted by t500hps
home equity note......
What he said, takes the age of the boat factor out of the equation + better rate.
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Old 10-13-2006, 05:21 PM
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http://www.offshoreonly.com/forums/s...d.php?t=140466
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Old 10-13-2006, 05:24 PM
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Default Re: need boat loan

Originally Posted by Wobble
What he said, takes the age of the boat factor out of the equation + better rate.
Sorry but that's not true. Most equity loans are prime plus 0 (currently 8.25%), adjusting monthly. You can get fixed rate boat loans for less than that.
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Old 10-13-2006, 05:30 PM
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Default Re: need boat loan

Originally Posted by Loan Ranger
Sorry but that's not true. Most equity loans are prime plus 0 (currently 8.25%), adjusting monthly. You can get fixed rate boat loans for less than that.

True......but you can get a fixed 2nd mortgage for 7.075% @ Citibank right now and write it off (credit permitting, and NO fees!!)
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Old 10-13-2006, 07:36 PM
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Default Re: need boat loan

if you cant come up with only $15k for a toy, you shouldnt be playing. HELOC is the way to go vs. a boat loan if you must.
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