best loan rates?
 

just checking to see if anyone knows what the current lowest boat loan rates are.. i want to try and find as low as possible, but also looking at length in term, like 10 yrs or so.. im selling my boat, thinking on paying off my truck and using the rest towards the boat and then getting a loan for the rest. not sure if this is smart but its a option.. loan amount kinda depends but i know i dont need more than $50K so thats a factor, any ideas? boat loan people, banks, etc... thanks

loan info
 

any help?

Call Kyle aka "Loan Ranger" on OSO. He is the best....

727-741-8150

home equity loan is what alot of people are doing...lower rates and get tax credit for interest paid...oh and i do mortgages

Bernie Neuhaus
Freedom Mortgage
732-539-5882

And used cars ??

Bernie's Loans
 

It's easy for Bernie,he just lends out Fred's money.:evilb: :evilb:

good friend of mine just opened a mortgage office. he's a direct lender as well as a broker so im giving him a hand in my off time...im a car guy and always will be...

if looking for a boat loan Essex Credit is the place..call Dave P 732-899-7886

loan
 

Credit unions are a great place to go if you have long employment. and good credit I am at 5.75 for 20 years .

When did you get that?

LOOOOOOOOOOOOOONG TIME AGO !! Thats what i can get ya into a 30yr fixed rate mortgage at with above average credit

bernie you just do it all dont you.

I just got 5.75 the day after the market blip a couple of weeks ago on 30 year 50K cash out refinance. Just got to know the right people and have a bit of net worth with liquidity. I had to pay 1/4 of a point for that but it wasn’t bad. There are a lot of lender now looking at net worth and liquidity vs. just credit score. Those lenders will give you a lot lower rates than just credit score lenders. MY .02…

Actually its a trade off...assets and equity vs lil assets and equity but 730 or higher score

5,75 rate
 

I got the 5.75 about 17 months ago. Loan was for 20 years on a 4 year old boat

5.75 is a smokin rate! I've never heard of a boat loan that low. I'll be shopping soon. Would love to get something around that rate. I figured I'd be looking somewhere around 8.9 or so.

Marine loan rates are much higher then that now

Essex Credit
 

there current rate today is 6.37% for 20 years

I bagged 4.59% fixed 20 yr in Aug '03.

missed 4.39 by a couple days

Those rates will never happen again.

Mtg rates are:
6% 25-30 yr fixed today, no points
fixed rate 2nd min loan of $75,100 700FICO to 80CLTV 6.74%
I can go to 100 CLTV with these & no closing costs...
(866)938-2252 ext 320
Bern

HAHHAHAHHAHAHA!!!!!!!

I'm @ 4.99% but that was also 3yrs ago :D

Buy a new Formula... they have a real good finance program.

And you THE CUSTOMER pays thousands of dollars more to buy the rate down :D

Rates
 

Rates are typically going to be in the high 6% to mid 7% range with good credit and a reasonalbe down payment of at least 10%. They are simple interest, fixed rate with no prepayment penalities.