Cruisers Forum
 

Go Back   Cruisers & Sailing Forums > Life Aboard a Boat > Liveaboard's Forum
Reload this Page Financing
Cruiser Wiki Click Here to Login

Reply
  This discussion is proudly sponsored by:
Please support our sponsors and let them know you heard about their products on Cruisers Forums. Advertise Here
 
Thread Tools Search this Thread Rate Thread Display Modes
Old 10-05-2022, 19:49   #1
Registered User

Join Date: Apr 2022
Posts: 16
Financing
Hello all,

It seems we keep getting pushed back on purchasing a power boat.
A credit union in Lafayette states our debt-to-income is too high, but will not elaborate on how they came up with the ratio.
When I figure all my bills, add the cost of the boat, and they have a 600 'housing' addition they add to it all...it comes to about 30%...they are stating it is 75% which is ridiculous.

Anyone have this happen to them? Anywhere else I can turn to get a loan? My credit score is in the 700s and I have 20% to put down.

Just at a loss,
--
Iwannarelax is offline   Reply With Quote
Reply

Tags
financing

« When the Dream Ends | Best Not Electric Coffee Maker »
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes Rate This Thread
Linear Mode Linear Mode
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Financing Older Boats linuxchiq Flotsam & Sailing Miscellany 15 20-04-2018 22:36
Seller Financing? kenackr Boat Ownership & Making a Living 19 27-04-2014 09:31
Financing a boat for liveaboard sneuman Boat Ownership & Making a Living 58 19-07-2012 14:57
Liveaboard Financing Quandary GDFL Boat Ownership & Making a Living 62 29-06-2007 04:04
Financing Experiences & Suggestions Chuteman Boat Ownership & Making a Living 8 28-09-2006 10:43

Advertise Here


All times are GMT -7. The time now is 22:44.

Contact Us - Cruisers & Sailing Forums - Sitemap - Community Rules - Terms of Service - Privacy - Accessibility - Top

Google+
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2024, vBulletin Solutions, Inc.
Social Knowledge Networks
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2024, vBulletin Solutions, Inc.
close

Privacy Guaranteed - your email is never shared with anyone, opt out any time.


ShowCase vBulletin Plugins by Drive Thru Online, Inc.