BOAT ANSWER MAN

NO MATTER WHAT KIND OF BOAT YOU WANT TO FINANCE  THE BOAT ANSWER MAN HAS SOME INFORMATION FOR YOU TO CONSIDER

BEWARE OF LOW, LOW RATES THERE IS NO 'FREE MONEY'  IF YOU HAVE A RATE BELOW PRIME YOU ARE PAYING FOR IT SOMEWHERE ELSE!   2.99% - 3.99% - 4.99% INTEREST RATES ARE CALLED 'BUY DOWN RATES'    OUR RATES ARE THE LOWEST POSSIBLE BECAUSE WE REPRESENT ALL THE MAJOR BANKS, NO ONE CAN GIVE YOU AN ACTUAL RATE QUOTE UNTIL THE BANK UNDERWRITERS LOOK AT THE APPLICATION, IT IS NOT BASED ON YOUR CREDIT SCORE ALONE!

ALWAYS BE VERY SURE ABOUT THE PROCESSING OR DOCUMENTATION FEES TO COMPLETE THE LOAN, WE CHARGE $100. BUT YOU WILL FIND FEES RUN UP TO $1000. OR MORE, SOMETIMES THEY DO NOT DISCLOSE THEM AND YOU WILL RECEIVE A BILL SEVERAL MONTHS AFTER THE LOAN IS FINISHED

A DEALER IS ALLOWED TO CHARGE ANY INTEREST RATE HE THINKS IS APPROPRIATE, WE WORK FOR THE BANK AND ARE RATES ARE CONTROLLED BY THEM, EVEN IF YOU JUST BOUGHT FROM A DEALER WE CAN RE-FINANCE YOUR DEAL IF YOU HAVE A RATE THAT IS JUST 1/2% HIGHER THAN OURS, IT COULD SAVE YOU HUNDREDS, EVEN THOUSANDS OVER THE LIFE OF THE LOAN!

BEWARE YOU WILL NOT BE 'UP-SIDE DOWN' WHICH MEANS YOU HAVE PAID MORE FOR THE BOAT THAN IT IS WORTH! THE BEST WAY TO PREVENT THIS FROM HAPPENING IS TO FIND OUT WHAT THE 'BOOK' VALUE IS, TO PUT AS MUCH DOWN AS POSSIBLE AND TO GET THE SHORTEST TERM LOAN. THIS MAY MEAN TAKING A HARD LOOK AT WHAT YOU CAN REALISTICALLY AFFORD!

IT IS NOT A FINANCIALLY RESPONSIBLE DECISION, IN MOST CASES, TO USE A HOME EQUITY LOAN TO PAY FOR A LUXURY ITEM

IF YOU ARE CONSIDERING AN LLC FOR YOUR BOAT WE CAN PROVIDE ONE AND DO THE FINANCING FOR $299. THERE ARE ONLY TWO BANKS THAT WILL FINANCE A BOAT IN AN LLC

 QUESTIONS ABOUT FINANCING? CALL THE BOAT ANSWER MAN  1-877-784-3861