Boat Financing
 

Hi everyone.....hope all is well. I sold my 32 Sunsation (my first boat) 2 years ago and I am in the market for my next boat. Can anyone recommend a good place for financing? In addition, what are my options for length of the loan? Thanks in advance and have a great day.

i got a 15 year on a 12 year old boat and loan was for 60k through key bank and put 0 down

Thanks 1989! I just looked up Essex as well. I am going to check with them both.....

I've done two boats with Matt at Offshore Financial.

Thanks Bert.... I will check with them as well.

Check with Robin at www.thedonedeal.com
She is one of the best in the business.

DO NOT run your credit at 5000 places trying to find the best rate.
Talk to a loan officer, know your credit score, and have him/her run the numbers for you.

Also, do a search, there are many threads on this.

Jason Fox at Costal Financial got me done with a trade at a Fantastic rate for 15 years on a 14 year old boat! Super great to work with and really goes the extra mile.

John Wiley at Offshore Financial has been great to work with.

What kind of rates is everyone seeing these days?

I went through Costco which I believe uses Essex mainly a couple of years ago. Rate was high 2's or low 3's on a 15 year with nothing down.