Are you thinking about purchasing a boat? Do you need a preferred ship mortgage with a favorable interest rate? You are not alone in your feelings!
According to the report, according to a recent survey conducted by the Boat Owners Association of the United States, there are more than 15 million recreational boats in the United States.
That’s a lot of water sports enthusiasts traveling our country’s waterways. You likely are one of them, and you will want to be sure that you have the most appropriate financing choice for your circumstances.
A standard mortgage may be the best option for some, but vessel owners may be able to qualify for a preferred ship mortgage instead.
Whether you’re searching for a means to finance your boat, you may be wondering if you’ll need a preferred ship mortgage to get the job done.
Read more about a preferred ship mortgage at Maritime Documentation Center.
