I missed 4.35% by a weekend. That rate had existed with them for quite a while. I wasn't going to wait any longer, and luckily I had found the boat that fit the bill. These times for big money/long term rates may not come around again in my lifetime! It was a little bit of a comfort level reach for me...but at another point I fear the payment would have been out of reach . Move quickly my friends...

thats what i do

Good Thread! I have an application for Bank of the West in my desk. I guess I had better fill it out and send it in. Right now, I am at 5.25% fixed for 15years. If I could get some of those rates you are talking about, I could pull the trigger and get that bigger boat!

That is not a bad idea....however I think you have to have amenities like a head and sink in order to claim it as a second dwelling if I am not mistaken....Is this not correct??

I got our loan from these guys, at the time it was the best rates.

http://www.marineloan.com/currentrates.htm

Well...I am thinking of trading the Top Gun on a Gladiator...so I guess that wouldnt work....its either that or another Gun....but at the moment I am leaning toward the Gladiator...

I went through Essex credit last time but it was really Key Bank and it was 6.15%

who has 5%?

Essex....I called them just last week and that is what they quoted me....on a 20 yr loan of 150k

Try Newcoast Financial and ask for Kyle Vollenweider,he was great to deal with and gives you straight info and no b.s. I have re-fied twice with them and what started out at 9.25 is now 5.75. Not sure of the # but try the web at newcoastfinancial.com Good luck

Insurance is always going to be an issue, State Farm is giving policy's that are below market value... I insured my boat with them. I'm not sure if they have figured it out yet.