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Loan Interest Rates

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Old 03-20-2005, 10:58 AM
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Default Re: Loan Interest Rates

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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
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Old 03-20-2005, 11:27 AM
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Default Re: Loan Interest Rates

is it possible to get 20yrs on a 2003 boat for under $100k ? and who do you recommend?
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Old 03-20-2005, 11:39 AM
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Default Re: Loan Interest Rates

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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
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Old 03-20-2005, 01:33 PM
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Default 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.
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Old 03-20-2005, 02:07 PM
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Default Re: Loan Interest Rates

Quote:
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.
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Old 03-20-2005, 02:35 PM
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Default Re: Loan Interest Rates

LIOPA-

Credit card score is definitely over 720...where can you secure this rate? Thanks in advance...
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Old 03-20-2005, 02:50 PM
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Default Re: Loan Interest Rates

I'll PM you my number
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Old 03-20-2005, 03:55 PM
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Default 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
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Old 03-20-2005, 06:30 PM
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Default Re: Loan Interest Rates

Why do I see a rate of say 6.25 then 5.12 are these bait and switch rates?
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Old 03-20-2005, 06:33 PM
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Default Re: Loan Interest Rates

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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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