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LIOPA 03-20-2005 09:58 AM

Re: Loan Interest Rates
 

Originally Posted by On The Heat
Getting ready to finalize my purchase. Any suggestions on the best lender for lowest interest rate? Loan amount will be $100k+. Thanks in advance...

Whats your credit score ?

That will ultimately drive what rate and terms you get

Over 720 you can get 5.13 @ 20 YRS as of 3/18/05

26sonic 03-20-2005 10:27 AM

Re: Loan Interest Rates
 
is it possible to get 20yrs on a 2003 boat for under $100k ? and who do you recommend?

Perfectmix 03-20-2005 10:39 AM

Re: Loan Interest Rates
 

Originally Posted by 26sonic
is it possible to get 20yrs on a 2003 boat for under $100k ? and who do you recommend?

It should be no problem if all your credentials are good. The nice thing about a 20yr loan is it is "worst case scenario" you can always put more principal toward pmts. But if you go through a rough spell the pmts don't kill you. Plus depending on where you live you can write off 100% of the interest if you boat qualifies and you don't already have a second home.
Down side is if you aren't getting a super deal or putting a large sum down, you can become upside down very quickly.
Just my .02, Good luck

Loan Ranger 03-20-2005 12:33 PM

Re: Loan Interest Rates
 
I would be happy to discuss rates and terms with you. You can call my cel at 727-741-8150 or email me at [email protected] I am down at the Palm Beach Boat Show. We have lots of options available depending on your specific situation. Thanks.

Loan Ranger 03-20-2005 01:07 PM

Re: Loan Interest Rates
 

Originally Posted by 26sonic
is it possible to get 20yrs on a 2003 boat for under $100k ? and who do you recommend?

We have the ability to get 20 years for loan amounts $75,000 and above.

Ca$hed Out 03-20-2005 01:35 PM

Re: Loan Interest Rates
 
LIOPA-

Credit card score is definitely over 720...where can you secure this rate? Thanks in advance...

LIOPA 03-20-2005 01:50 PM

Re: Loan Interest Rates
 
I'll PM you my number

enticer 03-20-2005 02:55 PM

Re: Loan Interest Rates
 
http://www.marineloan.com/currentrates.htm 5.12%


My question is since we are on lending and borrowing.........how about property, looking for a source to purchase property

CAP071 03-20-2005 05:30 PM

Re: Loan Interest Rates
 
Why do I see a rate of say 6.25 then 5.12 are these bait and switch rates?

enticer 03-20-2005 05:33 PM

Re: Loan Interest Rates
 

Originally Posted by CAP071
Why do I see a rate of say 6.25 then 5.12 are these bait and switch rates?

which sites are talking about?


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