Beacon Boat Financing: No Income Verification FAQs: Hello, need to know what age of vessels

No Income Verification


Q: Hello, need to know what age of vessels you will finance. What the terms are for an older vessel, say a 1976 42' Post that is in excellent condition via a survey at $127,000.00. My beacon score is around 760 and I have many boat, home, auto, paid off & very little debt. I own my home with a mortgage with Wells Fargo, self employed. Stated income. $30,000.00 down

A: Dave, We typically will finance boats up to 30 years old and possibly older depending on the condition of the vessel as detailed in a current survey. The maximum term availalbe is 240 months but that will depend on the down payment, condition and loan amount. Our stated income program covers boat loans up to $350,000 and we will be glad to help arrange your boat financing needs now or in the future. Please contact as at 888-656-9400 and ask to speak with one of our boat loan specialists today.
 

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