Boat Loan Financing Made Easy

Have you found the perfect deal on a new or used boat, and now just need the financing to make the purchase a reality? If so, you don’t need to look any further. As an industry leader in all areas of financing, Life House Financial can provide you access to the best boat loan lenders interested in competing for your business. Whether you are interested in buying a new boat, or possibly something used, comparing offers through our network of banks, credit unions and other loan providers can ensure you obtain the best boat financing possible, regardless of your current credit situation.

We at Life House Financial make it easy to compare your options side by side. Our process is designed to make certain you get the lowest rate and best terms possible. Decisions from our lenders are quick, and the funding process takes only a few days once approved. To get started, simply submit your information using the big orange button below, or give us a call. Our experts are standing by ready to help.

Online Loan Application

Comparing Boat Loans

When searching for boat financing, it's important you first know what you can afford. The type of boat financing you need, will depend on the type of boat you are purchasing, and the payment you can afford each month.

  • Unsecured loans can be used to buy older boats or watercrafts from private sellers. Unsecured boat loans have terms that range three-to-five years, and in most cases, offer a same day approval.

  • Secured boat loans have payback terms that extend beyond ten years. Secured loans also feature larger approval amounts. While unsecured loans are approved based on credit and the borrower’s ability to pay back the loan, secured boat loans are tied to the value of the boat you are interested purchasing, and therefore offer the lowest rates and longest terms possible. Secured loans are ideal for someone with less than perfect credit.

Picking The Best Boat Loan Lender

When searching for the right lender, it is important you realize every bank is different and specializes in different types of financing. Some loan providers only offer yacht financing to buyers interested in purchases with price tags into the hundreds of thousands of dollars, while other lenders specialize in secured and unsecured lending options for smaller purchases that can be used for both a new or used boat.

Beyond minimum loan amount requirements, lenders also have credit requirements that need to be considered. While there are lenders that provide boat loans for people with bad credit, some lenders only approve individuals with good-to-excellent credit. Finding the lender that matches your credit situation is key to getting approved.

  • If you don't know your scores from the 3 major credit-reporting agencies TransUnion, Equifax and Experian, you can access them by clicking here

Our Boat Loan & Lender Matching Process

    personal loan application
  • Step one: Tell us about your boat loan needs by filling out our secured online request form.
  • personal loan options
  • Second: We'll then identify the best loan program for your individual situation.
  • personal lender options
  • Third: We'll then locate the bank, credit union or other loan provider offering the best rates and terms
  • email
  • Fourth: Your loan & lender options will be shown to you online, will be delivered to your e-mail inbox, or can be provided to you over the phone.
  • compare your personal financing options
  • Fifth: Your job will be to compare your options, and choose the loan you feel is best.

Our Loan & Lender Matching Process

At Life House Financial, we are passionate about helping people save time and money. Whether you are looking for a new boat loan, or need to refinance an existing one, we can help. Our process is safe, secure, and can be done from the comfort of your own computer. More importantly, our services are always free. If you are tired of searching the web on your own, and without getting the results you deserve, we highly recommend you get started with us today.

Our expertly trained loan and credit representatives are standing by, Monday through Saturday, ready to discuss all boat loan options you have to consider at no cost or obligation whatsoever. Give us a call today at 1-888-952-7280, or submit your information online through our safe and secure online form now!

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