Offshoreonly.com - Interest rates

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SeaDated

02-20-2004 11:05 AM

Interest rates

Anyone have a better rate than 4.99%

Smitty

02-20-2004 11:15 AM

For what???

A house, car, boat, ??????

I was just quoted 4.90 on a 1999 boat
135,000 loan

SeaDated

02-20-2004 11:22 AM

On a boat . $200,000+

Reckless32

02-20-2004 12:15 PM

Thru who?

45sonic

02-20-2004 12:24 PM

4.5% for 23 years

Von Bongo

02-20-2004 12:36 PM

Interesting that boat loans are cheaper than a home loan. :eek:

A 20 year home loan today with no points is about 5.25%.

If it's a new boat, then the answer is easy, you paid for the lower rate in the price of the boat. If you are going through a broker for those rates, some bank out there is desperate for loans or you have some other fees that are being tacked on to make up the difference.

Feel free to post who is doing them so cheap and what you paid for fees to get the loan.

SeaDated

02-20-2004 12:37 PM

43Thunder

That's the best I have seen. Who is it with?

Steamin Rice

02-20-2004 12:50 PM

Check with essex credit... They had some great rates at the LA boat show a few weeks ago

45sonic

02-20-2004 12:52 PM

Quote:

Originally posted by SeaDated
43Thunder

That's the best I have seen. Who is it with?

Second National in Ohio....got it through National Marine.

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