Boat and RV Loans: tips and tricks
Blogs meant to educate consumers on RV and boat loans
How to Find the Best Boat Loan Partner
Find the Lender that best fits your needsOnce you've picked out the perfect boat and you've calculated your budget, it's time to find a boat loan that can fit your needs. It's important to shop around for the best boat loan rates and terms. Different lenders will have...
Things to Do on Lake Michigan
Lake Michigan is one of the most stunning natural features in the United States. With its crystal-clear waters, stunning beaches, and beautiful sunsets, it's no wonder that this Great Lake is a popular tourist destination. From sandy beaches and crystal-clear waters...
Best Places to Fish in Virginia
A great day out fishing is a staple for residents who enjoy boating in Virginia. Virginia is a great destination for fishing enthusiasts, with a variety of freshwater and saltwater fishing spots that cater to anglers of all levels. Whether you are looking for...
Explore the Most Scenic Waterways in Tennessee
When you go boating in Tennessee, you’ll see why the state is known for its beautiful landscapes. Boating is truly one of the best ways to explore this state's natural beauty. From majestic rivers to peaceful lakes, Tennessee is home to a variety of waterways that...
Best Places to Wakeboard in Texas
When you go boating in Texas, you'll notice how vast some of the lakes and rivers are, and you'll see all kinds of opportunities to explore fun activites. Texas is home to some of the best wakeboarding spots in the country, with its abundance of lakes, rivers, and...
Best Places to Fish in Alabama
You can’t go boating in Alabama without seeing some amazing fishing spots! Alabama is a state that is blessed with a diverse range of fishing opportunities. From its numerous lakes and rivers to the Gulf of Mexico, there is no shortage of places to fish in Alabama. In...
Best Places to Fish in Tennessee
Going boating in Tennessee offers a wide range of amazing fishing opportunities. From mountain streams to large reservoirs, there is something for every angler in Tennessee. Let’s take a look at some of the best fishing spots in Tennessee and all the fish you can...
Best Places to Fish in North Carolina
For anyone that frequently goes boating in North Carolina, there is one thing that they are likely to point out: the fun they have while fishing! Fishing in North Carolina is very popular, especially because of the diverse species of fish you can catch! With its long...
Best Boat Dealerships in Arizona
Despite it's reputation, Arizona actually contains many breathtaking lakes and rivers, perfect for boating! As such, there are plenty of great places you can buy a boat to start having fun. Here are some of the best boat dealerships in Arizona, in no particular...
10 Best Fish to Catch in Florida
Fishing is a huge part of the boating lifestyle in Florida. The state is known for its diverse and abundant fish species, making it a popular destination for fishing enthusiasts. With so many popular fishing destinations like Lake Okeechobee and Lake George, word has...
Best Boat Dealerships in Florida
Florida is known for its numerous waterways and boating culture, making it an ideal location for boat enthusiasts. Here are some of the best boat dealerships in Florida, in no particular order:1. Thunder Marine - Located in St. Petersburg, Thunder Marine is a...
What Do I Do If My RV Loan Rate is High?
"My Rate Is Too High!"You may have heard about rising interest rates lately. While the RV industry is not immune, there is not necessarily any need to fret. RV loans tend to be a little bit higher than say a home or auto loan,and having a high interest rate can lead...
Boat Show Guide
The boat show season is one filled with all kinds of fun! Whether you're looking for a new fishing boat, cruising yacht, or just a weekend escape, there's no better place to start than at a boat show. Here is your boat show guide so that you can make the most out of...
RV Loans for Beginners
There is an abundance of beautiful land and scenery to explore across the entire country. That’s why RVs have always been a popular luxury purchase. The pandemic only strengthened people’s desire for exploration and travel, and thus, RVs became even more popular. But...
What Are Typical RV Loan Terms?
After the pandemic, consumers had a desire to get outside more. More and more people are buying RVs - The industry projects 2022 to be about the second or third best year ever for RV shipments. So if you're like thousands of others this year, you've perhaps found that...
5 Fall RV Destinations for Your Next Vacation
Fall is a wonderful time to visit many different places in America. Whether you're looking for a place to spend the day at a state park, enjoy a festival, or take a road trip, there are plenty of great destinations. These are 5 of the best fall RV destinations for you...
How to Get Approved for a Boat Loan
Start by getting preapproved for a boat loan.When you get preapproved, it allows you to give your lender or service provider your basic information before officially applying. This will give you an idea of how much you can borrow and how much interest you'll pay. ...
Transporting a Boat or RV
Transporting a boat or RVYou’ve bought a boat or RV and it’s become your pride and joy. Whether you’re sailing on gorgeous lakes or driving down the open road, your vessel of choice has brought you hours of fun and laughter. Naturally, you want to protect it. And if...
How Much Does It Cost To Finance A Boat?
Roughly 80% of customers ultimately choose to finance a boat purchase. But finding a boat loan can be a little different than a car or home. Lenders have different requirements for marine lending, so it's important to know what to expect when it comes to the boat loan...
6 Boating Safety Tips for New Boaters
What could be better than a sunny afternoon on the water surrounded by friends and family with a peaceful breeze and warm rays hitting your skin? It always makes for a great time.There are plenty of costs to consider when you first purchase a boat. Unfortunately, one...
5 Easy Steps To Getting An RV Loan
An RV loan should be the same as a car loan, right?RV loans are a little different than your typical auto loan. They’re usually larger and more expensive purchases, and they pose a larger risk in the eyes of lenders. But, don’t let all of that fool you! Receiving an...
Top 10 Things to Do Before Getting a Boat Loan
Buying a boat is an exciting experience, but it’s also one that requires careful planning. 1. Understand Your Credit You need to check your credit rating before applying for a boat loan. For boat loans, most lenders require at least a 700 score or higher. Fortunately,...
Can I Still Get Boat Loan or RV Loan After I Got Declined?
My local bank declined me. now what?Boat loans and RV loans simply aren’t the forte of some lenders. There are different rules and regulations in place that are different from auto loans or mortgage loans, so they might not have all of the correct knowledge and...
Recreational Loans: Expectations vs. Reality
Recreational Loans: Expectations vs. RealityConsumers enter the loan process with certain expectations, whether it comes from their experience with other loans or word of mouth. Let's take a closer look at the expectations vs. the realities of the recreational loan...
What Are Lenders Evaluating on My Loan Application?
What do lenders evaluate for boat and RV Loans?You’ll always be asked about your credit score, and usually, there’s a target number that some lenders like to see. Though, it’s still possible to obtain a boat or RV loan even without meeting some lenders’ standards....
Can I Obtain a Loan with Bad Credit?
It’s your dream to travel the country in your spacious RV or have the time of your life out on the water. Unfortunately, if you’re like about 35% of the country, you have a subprime credit score. It may seem like, at least for the time being, you aren’t going to be...
Boat Loans and RV Loans: Common Myths
Don't be intimidated by the myths you hear. Upon research, you may have heard a few different things about what recreational financing entails. Many things you read are likely true, but there are plenty of myths that we hear all the time. It’s somewhat frustrating...
How to use a loan calculator for a boat or RV loan
Knowing your preferred terms is the best place to startBut many people like to have at least a rough estimate of what their cost will be. Before you begin your quest to find a loan for a boat or RV, it’s important to know what kind of terms you’re looking for. If you...
5 Reasons to Finance a Boat or RV Through Recreational Loan Specialists
There seems to be an endless sea of possibilities in regards to how you’re going to purchase your boat or RV.You could go through your local banks or credit unions, but they might not be experienced with recreational loans. They also might not be so eager to negotiate...
Costs to Consider When Financing Your Boat or RV
Great news! You just found that perfect boat or RV!But before financing, there are costs you need to consider. Recreational loans can be more extensive than what you’re used to experiencing. You don't want to be surprised in the end. There are some pretty...
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