Stated Income Boat Loans: What Are They and Who Qualifies?

*BoaterUSA may receive a commission if you apply for and are approved for a boat loan through links in this article. This comes at no additional cost to you and helps support our content and platform. We only recommend financing partners we trust. What Is a Stated Income Boat Loan? When it comes to financing…

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Boat Loan Basics: Financing Your Dream Boat

Dreaming of owning a boat but not sure how to make it happen? You’re not alone. For most people, buying a boat outright isn’t an option, and that’s where boat loans come in. Financing a boat can make your dream a reality by breaking the cost into manageable monthly payments. But before you dive into…

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The True Cost of Boat Ownership: Beyond the Purchase Price

Owning a boat is one of life’s great joys—picture it: sun on your face, wind in your hair, and endless adventures on the water. But let’s be real for a second: there’s a lot more to boat ownership than just paying the sticker price. Sure, the initial cost of buying a boat is a big…

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How Interest Rates Can Affect What Boat You Can Afford

A couple sitting with a loan officer getting a loan for a boat.

When dreaming of owning a boat, it’s essential to understand how interest rates can significantly impact your purchasing power. Interest rates influence your monthly payments and the total cost of your loan, potentially affecting the size and type of boat you can afford. Let’s explore how interest rates can play a pivotal role in your…

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