Since I bought our boat we have "needed" to add various things to it. Although the boat was paid for at delivery, the "needs" were financed through a home equity note. Now the rate keeps jumping and I'd love to get a fixed "boat loan" for aprox 7 yrs at under 7%. My credit score is just over 800 and I'm looking at borrowing 1/3 the boats value so I should get the best rates available. Right?
Any suggestions from the peanut gallery here?

Russ C.

800+ is tits bro.....hard for anyone to give you crap over that.

call Pacific Fin. ask for Sandra off. 310-410-8836 or her cell 949-233-6536.....she has stated income loans and low rates. Very easy to work with

their just strokin you to see if you will bite.......turn up the pressure

essex credit is at 6.375% for 20 years. 866-377-3948

???

You could always re-fi your house note and roll the HELOC into it. There has been talk of not allowing boat loan interest to be written off as a second home. Just a little food for thought.

Bank of America gave me 5.75% for 100K + just before holidays

credit score of 800

I would do it as equity as well Russ, the HELOC as Craig said is a great tool. If you do it with the boat as colateral, you have to pay it off if you decide to go bigger or get a diff boat...

I don't know what my score is, but I must be doing something right...

Citibank just gave me 1.99% fixed rate on $23,700 till it's paid off.
How could I say no to that?


t500hps

Give Dave P a call at Essex Credit: 866-377-3948 Ext. 7036