Equity Loans

If you don't find your boat loan, yacht loan or marine finance questions answered here please contact us.

Equity Loans

Q:	I have several boats and have a need to borrow against them. Two are paid off the other is relatively new. How do I determine how much equity I have amongst these boats?
A:	Please provide a detailed description of each boat so that we can determine the value and amount of the loans that we would be willing to make against the boats
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Q:	call to talk about a bost loan
A:	I have referred your information to one of our boat loan specialists who will call you tomorrow.
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Q:	Can I take a loan against the equity in my boat? I have a 27 Grady White that sells for @ 45K. The boat is fully paid off.
A:	Jason, yes we do equity take out boat loans. Please feel free to apply on line at our secure web site. Thanks.
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Q:	Have a 2007 Monterey 195fs. Paid cash 27500 4monts ago. Has 20 hours use. Aluminum double axel trailer. How much equaty can I expect and intrest rate.
A:	Robert, I can not tell you exactly what boat loan interest rate you will get until I review a credit application. I can tell you that currently rates range from 7.50% to 7.99% for loan amounts in the $25,000 range. Please feel free to apply online through our secure marine loan application. Thanks
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