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Old 06-05-2023, 10:06 PM   #14
Action
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City: Phoenix, AZ
Vessel Name: Enigma
Vessel Model: 1997 Wellcraft Excel 26 SE
Join Date: Mar 2015
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Quote:
Originally Posted by SeaDogAK View Post
I should have added that the credit unions Iíve dealt with didnít care how old the boat was, as long as it surveyed for enough.
In the past I have had the same experience. Especially if the risk (loan amount was low to value) was low enough. Many times if the loan is attractive a CU is open to bending some rules. Unless that have had a default.
Know that my experience is a couple of decades old when I financed a boat. I have not financed any boat or RV in this century.

Things do change so was not sure if that is the same now.

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