Quote:
Originally Posted by SeaDogAK
I should have added that the credit unions I’ve dealt with didn’t care how old the boat was, as long as it surveyed for enough.
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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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