Equity Home Loans

Need info on a used houseboat loan including reputable lender and terms?

Hi, I am trying to find out as much information as I can on a houseboat loan. A home equity loan is not an option so I would like to find out what kind of terms I could expect if I were to buy a used houseboat (under 10 years old). With a credit score in the high 600s, what kind of interest rate and loan length could I expect? How much down is required? Also, what are some of the bigger, more reputable names of lenders? Thank you!

Public Comments

1. Check with the lenders who advertise on Boat Trader. You need a boat loan... no real estate company will talk to you . Boat loans are a very specialized type of loan.