by Jun Acullador

Question by peeps: hi I need info on boat loans for about 000.?
I live in annapolis and am new to boat loaning. I need advice on the best option for a loan of $ 10000.

Best answer:

Answer by skyeblue
If you are buying through a broker, they can steer you in the right direction. If you are buying from an individual, you’ll have to get all the pertinent information together, as to value of the boat, etc., then go to either your bank or credit union and apply for a loan. If the boat has a street value of more than the $ 10K, you probably won’t have a problem, if you have collateral.

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