My husband and I are seriously considering liveaboard
. Now we will need to sell our home in order to purchase
a boat. We are looking at Carver and Silverton, as well as Hatteras' to liveaboard
. Pricing around 100K-150K. We will have to sell our home and yes finance the boat. Here is the kicker
: My husband contacted a company today that was recommended by a broker we have been dealing with. This company deals strictly in boat loans. When my husband mentioned that we would be selling the house and using the boat as permanent residence she responded that the finance company would not give out a loan to anyone wanting to have permanent residence aboard that all boat loans are strictly considered for recreational boats.
Has anyone ever run into this problem with obtaining a loan to live aboard when having sold their permanent residence?