Loan rates

(zleartsu) · (zleartsu) **Join Date: Mar 2004** 05-22-2009, 8:34 AM

Hey, i been looking at different loan rates. One rate was 13.5 for boats newer than 99 under 20,000. is this normal? what are other people getting?

(lionel) · (lionel) **Join Date: Nov 2005** 05-22-2009, 8:49 AM

7.99% at my credit union for 2000 and newer......

(duffymahoney) · (duffymahoney) **Join Date: Sep 2008** 05-22-2009, 8:59 AM

I got 5.99 at my credit union on my 03 avalanche. I had to put down 20% and I have good credit.

(dfred) · (dfred) **Join Date: Aug 2002** 05-22-2009, 9:05 AM

I got a rate of 5.25% for 15 years, 0 down from B of A two months ago on a '06 24v. That was through their dealer services, if i went striaght to B of A it would have been 7.25%.
the dealers still have some pull with the lenders.
My credit rating is in the 800's so that will make a huge diffrence.

(tinytdubb) · (tinytdubb) **Join Date: Jul 2007** 05-22-2009, 9:05 AM

Just looked at my credit union 7.75%

(silvermustang35)

Just Refinanced mine from 8.85% (Bank of America) to 7.65% (Local Credit Union) Woo hoo, more money now going to go to principal...2008 boat

(psudy) · (psudy) **Join Date: Dec 2003** 05-22-2009, 9:42 AM

4.6 on a five year. I put 80% down though.

(gregg_rossi) · (gregg_rossi) **Join Date: Feb 2009** 05-26-2009, 2:18 PM

7.49% in OR on 2007 or newer I think.

(west) · (west) **Join Date: Apr 2002** 05-26-2009, 4:59 PM

my local credit union would only go 5 years..

(west) · (west) **Join Date: Apr 2002** 05-26-2009, 5:05 PM

I'm hopefully about to buy a boat. the lender told me today that my paperwork should be cleared tomorrow and my loan approved. so far, they said everything looks great. she didn't know interest rate yet..which makes me a little nervous. if she comes back with a rate over 7.9 it will be a deal breaker. i have around a 720 score. what do you think?? the anticipation is killing me.haha

(justsan) · (justsan) **Join Date: May 2009** 05-26-2009, 8:45 PM

7.9 at US Bank...didn't have to put anything down, but I did just to lower my payment.