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Forum: General Sailing Forum 28-06-2016, 11:07
Replies: 16
Views: 5,227
Posted By Dave22q
Re: Boat Financing for out of state Boats (Mexico specifically)

The intensity of your need means nothing to a lender. The assurance you will pay off the loan is everything. That most likely requires both a good credit record and local assets that cannot sail...
Forum: General Sailing Forum 28-06-2016, 09:28
Replies: 16
Views: 5,227
Posted By Dave22q
Re: Boat Financing for out of state Boats (Mexico specifically)

I believe that nobody will make a loan based on something that is not even in the country. You might get a loan on an older boat based on your personal credit but the rate will be closer to a...
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