1993 fountain would like to find a lower rate, same term 15 years...

look at credit unions that are close to you most banks don't want to loan money on older boats especially performance boats

what is your rate?........and you want a 15 yr note on an 18 year old boat? Whats that payment, $100 a month?


I agree banks won't touch it and doubt anyone will using the boat as collateral. You'll likely have to use a home equity or some other collateral to get a decent rate.

12.5%.... banks nor insurance companies didnt want anything to do w/ a 23 year old, so I did what I had to @ the time to get the boat I wanted. Credit score is much better & a lot more established @ my job. Not to mention 3yrs older. I look @ it as always try to get the lowest payment possible, can always make extra payments. But always have to make the minimum payment, regardless of if something tragic/ or highly unexpected happens!!!

Have only owned my house about 8 months now & not really sure that a home equity is an option @ the moment...

Call Jason, he seems to have some great rates with great term on the older stuff.

Jason Fox
Coastal Financial
1157 South Shore Dr.
Holland, MI 49423

p. 616.494.2628
f. 616.494.2629