anyone writing boat loans on performance boats??? i got questions
#1
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anyone writing boat loans on performance boats??? i got questions
im curious if anyone is writing loans on any sort of performance boats(IE: Cats, twin engine's)
im looking to buy mid spring nxt yr and from what i have read around on here.....its pretty tough to get a loan on anything with a 496HO or bigger. ideally im looking at a 26-28ft Eliminator w/ a single 525.
what did you guys do to qualify??? credit scores??? banks you used???
im looking to buy mid spring nxt yr and from what i have read around on here.....its pretty tough to get a loan on anything with a 496HO or bigger. ideally im looking at a 26-28ft Eliminator w/ a single 525.
what did you guys do to qualify??? credit scores??? banks you used???
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Try Key bank. If you live in a state where they have a branch, they will loan. They don't care about hp,cat, or 5 engines,as long as the boat books out. They were extremely helpful on my boat purchase last winter.
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Great advice on Key. I think you could also try Essex credit / Bank of the West. They will most likely want 50% down. I think most lenders will be looking for 720+ credit scores. Then again, if you are talking about next spring, may be new lenders then too.
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im curious if anyone is writing loans on any sort of performance boats(IE: Cats, twin engine's)
im looking to buy mid spring nxt yr and from what i have read around on here.....its pretty tough to get a loan on anything with a 496HO or bigger. ideally im looking at a 26-28ft Eliminator w/ a single 525.
what did you guys do to qualify??? credit scores??? banks you used???
im looking to buy mid spring nxt yr and from what i have read around on here.....its pretty tough to get a loan on anything with a 496HO or bigger. ideally im looking at a 26-28ft Eliminator w/ a single 525.
what did you guys do to qualify??? credit scores??? banks you used???
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there isnt a US bank or a Key bank in Ga. maybe someone from Ga could give me some insight.
i currently have a savings acct with Delta Community Credit union.....havent asked their terms or if they offer boat loans. thanks for all your help!!!!
i currently have a savings acct with Delta Community Credit union.....havent asked their terms or if they offer boat loans. thanks for all your help!!!!