Older Boat Financing

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02-08-2009, 04:22 PM

#11

rlj676

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Quote:

Originally Posted by Quicksilver

There are some credit unions that will get aggressive on used boat loans, but I'm havening a brain fart. I think Pentagon was one?

https://www.penfed.org/productsAndRa.../boatLoans.asp

Thanks. They do look to have some good rates and aren't looking for 20% down, definitely a good option for some of us I'd think.

02-08-2009, 10:15 PM

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vette131

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a last resort might be getting a heloc

02-08-2009, 10:45 PM

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Quote:

Originally Posted by vette131

a last resort might be getting a heloc

What is that???

02-11-2009, 09:05 PM

#14

ENFORCER24

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home equity line of credit , its a gamble in an unstable housing market , just another step in getting buried under your house in my opinion

02-12-2009, 12:39 AM

#15

Perlmudder

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if your job is secure, and you are not planning on moving, or your house is close to being paid off. a line of credit is not a bad option

02-12-2009, 01:46 PM

#16

cigrocket

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Local credit unions by me are doing 30k signature loans for under 5% with good credit ratings. Although they are 6o months. They are fixed.

02-12-2009, 04:24 PM

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I borrowed 65k for 10y at 5.75 at mine this month, Its there boat show special.

http://www.wsfcu.com/ASP/rates.asp

not bad

02-12-2009, 07:13 PM

#18

rlj676

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Quote:

Originally Posted by GrandTimes

I borrowed 65k for 10y at 5.75 at mine this month, Its there boat show special.

http://www.wsfcu.com/ASP/rates.asp

not bad

That's not bad at all, what year was the boat?

02-13-2009, 06:49 AM

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98, they dont care what year it is, just if it books out.

02-13-2009, 12:45 PM

#20

galex0100

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damm sham i dont live in tulsa i can't find anything around houston and i'm putting half down

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