Anybody use them? I am looking at attempting to get a loan thru them and I am finding conflicting info. One part of their website says nothing over 7 years and no performance boats. Under frequently asked questions it says nothing older than 6 and no permanent residences, but nothing about performance boats. If you have used them please give me some insight. I'm looking at a 7 year old boat.

I tried, said no way once it was over the age requirement.

Ended up going through Costco, Essex Credit. Zero issues, great experience and no fees being a Costco member.

BOA did my boat about 2004 - different market then. If they find out its performance probably not. Use the word "Sport" Cruiser....

Key Bank still does them.

Key doesn't loan in tx. I got approved through Essex, but they use buc book to value and then will only loan 75% of that, which renders them useless!

Sorry, I don't understand....why are they useless?

Do you mean because you don't have 25% to put down?

sucks that key dont right there i got my loan thow them 12 year old boat 60k loan at 5.24%

oh ya 0 down

Buc comes up with a way low value would make me end up having to put high 38% down and no I don't have that much to put down, but I am asking about Bank of America so please let's keep the thread on track.

I see....maybe the asking price is way too high....sounds like an opportunity to become way upside down in a hurry.

T Rav, already read your post before you deleted it. I wasn't trying to piss in your Cheerios....if I did, I'm sorry.

Good luck finding a lender and a boat you'll enjoy.