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Topic Review (Newest First)
05-07-2017 10:51 PM
cannavarojo9 I have heard Scotia bank is good for marine loans, anyone know if this is the case?

สมัคร maxbet
12-18-2015 10:44 PM
xfilesera There are great lightly used and 1 years old boats available from dealers here in Canada where financing can be arranged through DealerPlan Finance (they do most of the financing at the Toronto Boat Show) and it's arranged through one of the big 5 banks, usually the one that has the best rate.
online job
12-02-2013 12:35 PM
reclending
Quote:
Originally Posted by Gman621 View Post
Most people who purchase a boat in the US usually have the cash or use the cash from secured line of credit which is traditionally at a lower interest rate as it's secured by your house.

ou looking at/for?

Hope this helps.

Cheers,
Just a reaction to part of the quote from above. We see very few people tie the boat loan into a home equity loan. If the credit is good, boat loans can be close to the same rates. The problem with most home owners here is they are upside down or close in the home note and equity if hard to find. The toy loan lenders we deal with are more comfortable with using the boat as the collateral of the loan. If the worst happens, they seem more likely to sell the boat instead of a home with even less equity than before the boat loan was added.
These type topics are very OPINION BASED. Some folks are comfortable tying everything to the home but FOR ME, I like to keep things separate.
Let us know if we can help.
Ken
11-29-2013 06:20 AM
Gman621 Most people who purchase a boat in the US usually have the cash or use the cash from secured line of credit which is traditionally at a lower interest rate as it's secured by your house.

There are great lightly used and 1 years old boats available from dealers here in Canada where financing can be arranged through DealerPlan Finance (they do most of the financing at the Toronto Boat Show) and it's arranged through one of the big 5 banks, usually the one that has the best rate.

What kind of boat are you looking at/for?

Hope this helps.

Cheers,
02-24-2013 09:50 AM
SVT1 I have heard Scotia bank is good for marine loans, anyone know if this is the case?
02-20-2013 06:29 PM
reclending
Quote:
Originally Posted by SVT1 View Post
IN Ontario looking for a lender anyone have any ghood rate info or had a good experience somewhere?

We do not have lenders that I know of that will lend across the border. Sorry,
Ken
02-19-2013 12:20 PM
SVT1
Canada/Ontario lenders..........any good rates?

IN Ontario looking for a lender anyone have any ghood rate info or had a good experience somewhere?

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