Catalina 34

General Activities => Main Message Board => Topic started by: Joe_A on October 28, 2007, 05:01:26 PM

Title: Boat Loans
Post by: Joe_A on October 28, 2007, 05:01:26 PM
Is anyone aware of an offering similiar to LendingTree, for boats? 
I am buying a boat from a private owner so need to obtain financing for the purchase. 
Any recommendations?
Title: Re: Boat Loans
Post by: Stu Jackson on October 29, 2007, 02:25:29 PM
Have you tried BoatUS?
Title: Re: Boat Loans
Post by: Joe_A on October 30, 2007, 04:21:42 AM
I got an over the top Quote from boatUS for Insurance so
I did not think to go back to them for a Loan.

I think I might go with EssexCredit
www.essexcredit.com

Unless someone has other suggestions
Title: Re: Boat Loans
Post by: Joe Kern on October 30, 2007, 04:42:53 AM
These guys did me right in the fall of 2005.  Very easy to deal with.  http://www.scottboatloan.com/

Title: Re: Boat Loans
Post by: Rick Allen on October 30, 2007, 09:44:04 AM
I'm happy with Key Bank. www.keybank.com (http://www.keybank.com)
Title: Re: Boat Loans
Post by: Ken Juul on October 30, 2007, 10:02:14 AM
Another option if you have owned your home long enough to have some equity is to use an equity loan.
Title: Re: Boat Loans
Post by: Roger Blake on October 30, 2007, 02:53:44 PM
I used Key Bank as well. No problems...good rate at the time.
Title: Re: Boat Loans
Post by: Mike and Joanne Stimmler on October 30, 2007, 03:15:50 PM
One more option would be to sell your house and live on the boat!     :D
Title: Re: Boat Loans
Post by: Joe_A on October 31, 2007, 04:47:41 AM
"Another option if you have owned your home long enough to have some equity is to use an equity loan."
        The Equity line we have is Variable rate.... although the rate appear to be going down again

"One more option would be to sell your house and live on the boat!  "    :D
       Too Cold in the winter...... Although my X Brother In law Winters on His boat .... but .... Thats another Story
Title: Re: Boat Loans
Post by: lazybone on November 01, 2007, 01:05:44 PM
FWIW
My daddy said:
"Never borrow money for something you don't need"   :thumb:
(of course he said it with a thick accent)