No Income Verification Boat Loans
Fixed rate simple interest no pre payment penalty financing programs.
No income verification boat loans. If you need a personal loan with no income verification then you can check with them. You can get a loan ranging from 100 1500. Bad credit boat loan terms. Also called a no documentation mortgage these loans require less paperwork to get approved and may get you to closing faster than a fully documented loan especially if you have hefty tax returns.
25k is typically the minimum loan amount there no pre payment penalties. Currently rates are 4 87 for a boat over 75k and slightly higher for a boat under 75k the boat loan rate tiers are 25k to 49 999 50k to 74 999 and 75k and over there are also some variable rate loans at slightly lower rates for loans 100k and over. Seadream also offers sub prime boat financing programs which allows you to re establish rebuild your credit rating while enjoying the fun boating lifestyle. Your loan officer may suggest a no income verification loan.
Boat loan rates are fixed. Alternatively you may have completed your financials but just don t want the hassle of having to provide all the paperwork associated with verifying your income a no doc boat loan could be the answer you have been looking for. Today s no income verification mortgages come with extra consumer protection and could be a viable alternative to a traditional home loan. What are current boat loan rates.
Boat financing or refinancing opportunities available and start at 75 000. By financing with our boat loans you can expect no points no prepayment penalties terms to 20 years simple interest fixed rates coast guard documentation and of course personal service. The repayment terms for southeast financial boat loans vary depending on the cost of the boat but terms can last up to 15 years. Benefits of a no doc boat loan security can be boats motor vehicles trucks yellow goods trailers forklifts etc.
Southeast financial offers some of the best boat loan rates and extended terms in the industry no matter your credit score or the cost of the boat. We fulfill loans for clients all across the united states. Boat loans available for new or used purchases starting at 20 000.