Make the most of the coast with a low-rate CRCU boat loan! Imagine, drifting away every weekend on your favorite body of water with the family in tow. Or, you can just drop anchor and rock back and forth and dream about catching the big one.
- Terms up to 15 years available on new
- Fixed-rate boat loans
- No prepayment penalty
With our great loan rates and flexible terms, we make the process smooth sailing whether you’re buying a new or used boat. We can also refinance your boat loan from another lender.
Your rate will be fixed. Payment example: If you borrow $20,000 at 4.74% APR for 5 years, your monthly payment for 59 months would be $375.73 and one final payment of $375.38. Your monthly payments include principal and interest and may be higher or lower depending on your loan amount, APR, LTV and term. APR = Annual Percentage Rate. Houseboats or boats requiring Coast Guard certification or ship's mortgage are not eligible for finance. Maximum eligible boat loan is $80,000. For new boats, MSRP will be used in establishing loan advance (LTV). For used boats, NADA average retail value to establish loan advance (LTV). Minimum loan amount of $30,000 to qualify for 73-180 month term (180 maximum term on new). Minimum loan amount of $10,000 to qualify for 43-72 month term. There is a maximum term of 144 months for used boats.