Like Tree0Likes

Current interest rate?

Reply
Old 04-10-2008, 01:42 PM
  #1
Registered
Thread Starter
 
Join Date: Feb 2005
Location: Tustin CA
My Boats: Hallett 270
Posts: 240
Default Current interest rate?

Just wondering what's out there. My current lender wants to refi me at 6.13% Anything better out there?
DrewDown is offline  
Reply With Quote
Old 04-10-2008, 02:53 PM
  #2
Registered User
 
Join Date: Feb 2007
Location: CDA, ID
My Boats: 2008 NORDIC HEAT W/710 ILMOR
Posts: 356
Default

They're making money at that...
you should be able to get under 6.

My wife is in the business, we don't live in O.C. anymore but still have some contacts down that way. Let me see if I can scrounge up some #'s.
Southocg is offline  
Reply With Quote
Old 04-10-2008, 03:03 PM
  #3
Registered
VIP Member
 
berns29scarab's Avatar
 
Join Date: Jul 2004
Location: Brick, NJ
Posts: 6,969
Default

what are you refi'ing ? house, boat etc...if thats a 30 year fixed rate on a refi on your home thats a good rate
berns29scarab is offline  
Reply With Quote
Old 04-10-2008, 03:07 PM
  #4
Registered
VIP Member
 
berns29scarab's Avatar
 
Join Date: Jul 2004
Location: Brick, NJ
Posts: 6,969
Default

to get accurate numbers, also need to know median credit score, type of mort (full doc or stated) DTI (debit to income ratio) mort amount and home value
berns29scarab is offline  
Reply With Quote
Old 04-10-2008, 03:11 PM
  #5
Registered
 
Join Date: Feb 2006
Location: Savannah
My Boats: 1999 spectre 30/ 98 Maxum cuddy
Posts: 749
Default

Hey Drew....I'm a broker .....with a 720 plus tri merge score you should be closer to 5.5%...no more than 5.75%...if I can help just let me know...

Chip Cecil
getchasum111 is offline  
Reply With Quote
Old 04-10-2008, 03:14 PM
  #6
Registered
Thread Starter
 
Join Date: Feb 2005
Location: Tustin CA
My Boats: Hallett 270
Posts: 240
Default

Quote:
Originally Posted by berns29scarab View Post
what are you refi'ing ? house, boat etc...if thats a 30 year fixed rate on a refi on your home thats a good rate
Good point, boat.
DrewDown is offline  
Reply With Quote
Old 04-10-2008, 03:16 PM
  #7
Registered
Thread Starter
 
Join Date: Feb 2005
Location: Tustin CA
My Boats: Hallett 270
Posts: 240
Default

Quote:
Originally Posted by getchasum111 View Post
Hey Drew....I'm a broker .....with a 720 plus tri merge score you should be closer to 5.5%...no more than 5.75%...if I can help just let me know...

Chip Cecil
Lender is stating that he can't do any better than 6.13 because it is a "high performance" boat. Credit is 730 +.

Last edited by DrewDown; 04-10-2008 at 03:19 PM.
DrewDown is offline  
Reply With Quote
Old 04-10-2008, 03:49 PM
  #8
Registered User
 
Shanghied Again's Avatar
 
Join Date: Feb 2002
Location: Toms River NJ
My Boats: Shanghied! 2004 Donzi 33 ZX
Posts: 1,422
Default

Quote:
Originally Posted by DrewDown View Post
Just wondering what's out there. My current lender wants to refi me at 6.13% Anything better out there?
E-Mail Dave P from Essex Credit, he is always on here and is one of the best on getting a loan at a low rate.

[email protected]
Shanghied Again is offline  
Reply With Quote
Old 04-10-2008, 03:52 PM
  #9
Platinum Member
Platinum Member
 
H20 Toie's Avatar
 
Join Date: Sep 2004
Location: Channel Islands CA
My Boats: Got nothing
Posts: 1,462
Default

Or call Loan Ranger here on the boards. the rate for the Formula that i am getting is under 6 and i don't think my credit score is as good as yours.
H20 Toie is offline  
Reply With Quote
Old 04-10-2008, 03:55 PM
  #10
Registered
 
Join Date: Feb 2006
Location: Savannah
My Boats: 1999 spectre 30/ 98 Maxum cuddy
Posts: 749
Default

I may have missed that....the age of the boat and many other factors will go into that....but with a 730 score you will be in the top tier as far as rate goes....
getchasum111 is offline  
Reply With Quote
Reply

Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
SKRAMER
Cigarette
92
08-22-2008 03:15 PM
Sean
Superboat
8
08-20-2008 08:32 PM
SeaDated
General Boating Discussion
8
02-20-2004 01:52 PM
diveboy
General Boating Discussion
0
07-10-2003 07:04 PM
MassiveThunder
Active Thunder
5
06-05-2003 03:52 PM



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -5. The time now is 04:11 PM.


Copyright 2011 OffShoreOnly. All rights reserved.