I am looking to take out a long term boat loan. The boat is a 98 Fountain 32' Fever. I can get the boat for 67k and can put 10k down so I would need 57k. I have always paid for everything with cash before this so I don't have much credit and I am only 22 years old. My score is 715. I have the money and income to do it but I have been denied by everyone I have tried. I tried Kyle at Newcoast and I really appreciate his attempt, but unfortunately it didnt work out. Does anyone have any suggestions? Is there any way I can do this without a co-signer?

Price seems high for that year/model...is that part of the reason you can't get financed?

I think the price is okay because the banks I have tried have said there wouldn't be a problem in financing the boat. It has twin 500 hp's and only 220 hours. I'm pretty sure it is my lack of credit.

Try a local bank that you can go in and explain your situation to. I was in a similar position as you and that was the only way I was able to get it done. I had never missed any payments the problem was I had always bought cars/toys with cash so there just wasn't any history.

100% financing on a 1990 Cigarette Cafe Racer. Don't kill yourself on the rate because at that amount of money the monthly difference between 6% and 8% is less than you will spend on fuel in about 10 minutes.

You might try EBOATLOANS.COM and see what they say. They carried a friend of mine that bought a nice used Baja last December. He had done basically what you have done...paid cash for nearly everything. What helped him at the age of 28 was that his house that he bought at 19 was paid for as is his car and truck. They seemed impressed and told him that they would do it. He did a note for 5 years and he will have it paid off by September...about 9 months total to pay it off on a 60 month note carrying 65k.