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LOW RATES ON BOAT LOANS AND REFI's

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Old 12-07-2004, 06:44 AM
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Default Re: LOW RATES ON BOAT LOANS AND REFI's

i was tapped twice in a week and it hurt me by .5 percent.
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Old 12-07-2004, 07:39 AM
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Default Re: LOW RATES ON BOAT LOANS AND REFI's

I am pleased with my current 0% for 36 and adjust to 3.99% so I won't go there. But can you get refinance done on other toys such as Diesel motorhome in the remaining balance of 130,000 K range?
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Old 12-07-2004, 08:17 AM
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Default Re: LOW RATES ON BOAT LOANS AND REFI's

Dave P I will private email you, Thanks Jeff

Last edited by JASSMAN; 12-07-2004 at 08:23 AM.
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Old 12-07-2004, 08:20 AM
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Default Re: LOW RATES ON BOAT LOANS AND REFI's

Quote:
Originally Posted by Steve_H
i may have to go the fixed loan route.
my heloc is climbing every month , currently 4.7% , and i have a feeling its only going to get worse

whats the smallest amout you guys mess with? 25-35k?
We will loan $15k-$25k @ 7.0% Plus. As Jodi said, the less money you borrow the higher the rate.
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Old 12-07-2004, 08:22 AM
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Default Re: LOW RATES ON BOAT LOANS AND REFI's

Quote:
Originally Posted by JASSMAN
Moneygirl what about on a boat that is presently being built, financing say 250k, what is the rush to have it done by Friday. 228-216-0900 Jeff
Jassman - if you qualify for 4.99% we can lock you in until Feb 1st. We can also extend terms to 25 /30yrs on $250k.

We can also deffer your 1st payment for 6 months.
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Old 12-07-2004, 08:25 AM
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Default Re: LOW RATES ON BOAT LOANS AND REFI's

Quote:
Originally Posted by mwdill
i was tapped twice in a week and it hurt me by .5 percent.
The bank was not being 100% truthful. Getting tapped 2x in one week would not cost you 1/2% with any bank.

Also - in regard to hi-performance, we (Essex VP's) are able to offer the same rate to a customer no matter if it is hi-performance, cruiser, sailboat, etc...

The type of collateral does not affect your rate with Essex.
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Old 12-07-2004, 04:14 PM
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Default Re: LOW RATES ON BOAT LOANS AND REFI's

I want to thank all of the members who have contacted me! We are rollin' with the approvals!! I've been able to get 9 approvals so far since yesterday. Keep 'em coming! FYI: Generally when you purchase or Refi your boat, you have between 30 and 45 days to first payment. Save a little cash in December and lower your payment while putting it off until January or February!
Jodi Brandon
Newcoast Financial
949*993*4573
[email protected]
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Old 12-07-2004, 09:01 PM
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Default Re: LOW RATES ON BOAT LOANS AND REFI's

so the 4.99% is for perfect credit? what about 50k for 15 or 10 years what would be a term for the best rate.
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Old 12-08-2004, 12:39 AM
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Default Re: LOW RATES ON BOAT LOANS AND REFI's

$50k for 10-15yrs would be 5.25% - 5.95% depending on the bank.

Wachovia announced that they are raising rates this Friday.
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Old 12-08-2004, 04:48 AM
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Default Re: LOW RATES ON BOAT LOANS AND REFI's

Jodi,
I have a question...if you have "no fees" like you said, don't you offer a higher rate to get a rebate from the lenders? I am guessing that someone else could give me a better rate than you by paying some fees. I am assuming it's just like the Mortgage industry.Please enlighten me.
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