Boat Loans in Virginia
First Approval Source:
Easiest Way to Get a Boat Loan





Get Financed Quickly
The Old Dominion has some of the greatest boating sites in the country, so it’s no wonder why boating in Virginia is so popular. That’s why First Approval Source makes the boat loan process as simple as it could possibly be. When working with First Approval Source, you can expect:

Fast Approvals
We have the fastest loan specialists in the industry, delivering same-day approvals with approved credit. E-Signature closings with participating banks.

Security and Privacy
HTTPS secure and encrypted so you do not have to worry about your privacy. Rest easy knowing that we will protect your personal information every step of the way.

Amazing Offers
Applying is easy and our team members keep you informed every step of the way! We have access to the best rates and terms for boat loans in Virginia. We will design a loan package just for you!
Boat Loans Made Easy
Applying takes just a few minutes, and you’ll be contacted soon after submission.
Where do you go to find a boat loan in Virginia?
Virginia is known for it’s incredible national parks and hiking trails, but the state also has some of the best boating atmosphere in the country. With places like Smith Mountain Lake and Kerr Lake providing stunning views and joyful activities, boating in Virginia has become quite popular. If you’re like many others, you may be wanting to buy a boat of your own so you can join in on all the fun. Luckily, getting a boat loan in Virginia is a great way to help you get started. But, where do you go to find a boat loan in Virginia?
Boat loans are widely available in Virginia. You just have to choose the best option for your needs!

Find the Right Boat
Before you do anything, you have to find a great boat! Whether you’re looking for a luxurious pontoon, a high speed wakeboarding boat, or a state-of-the-art fishing boat, the best place to find your perfect boat is usually at your local dealership. They will have knowledgeable salespeople who can help you find the most that best fits your needs.
Perhaps you can find a boat at an amazing local boat show! Shows like the Roanoke Boat Show and the Chantilly Family Boat Show always have some of the best dealerships in the state with incredible boats to choose from. You can always expect to find a great boat to buy from any of the boat shows in Virginia.
More options to find your perfect boat if you don’t have a dealership nearby include Boat Trader or BoatUS. Either of those will have thousands of listings from all over the country, making it easy for you to find the perfect boat at an affordable price. Additionally, BoatUS has various financing options for you once you find the vessel you’re looking for.
Figure Out Your Budget
After you’ve found the boat that’s calling your name, it’s best to find a boat loan calculator. A loan calculator allows you to plug in different values and determine the best terms for your budget. Once you’ve determined your desired terms, you can compare different quotes from lenders once you apply.
Find the Right Financing Partner
Now that you’ve found the boat you want; it’s time to find financing. Fortunately, it isn’t too difficult to find a boat loan in Virginia. You can always check to see if your local credit union has any options. These could include credit unions such as The Virginia Credit Union and Central Virginia Federal Credit Union, among several others. Unfortunately for most credit unions, boat loans aren’t always their specialty, even if they offer them. Oftentimes, they don’t have a dedicated recreational loan expert that knows all of the best practices, and you could end up with less favorable rates and terms.
Several national banks have recreational loan programs that you can utilize to get a boat loan, as well. These include LightStream (a division of Truist), Bank of the West, US Bank, Aqua Finance, and Medallion Bank.
While most of these national banks can provide you with decent terms, you don’t have to take the time to apply to each one of these banks. If you know your credit isn’t the best, you also want to make sure you’re only applying to lenders that can specialize in subprime lending. Some of these national banks and credit unions may have more strict guidelines as far as minimum acceptable credit score. First Approval Source works with several different lenders and credit unions, and we have access to and knowledge of all of their various programs. We evaluate your credit profile and match you with the best lenders that best fit your credit profile. We even work with several subprime lenders if you have less than stellar credit.
Getting a boat loan in Virginia doesn’t have to be complicated. In fact, boat loans can be quite easy when you work with First Approval Source. All you have to do is fill out our easy-to-use, secure credit application online, and we’ll do the rest. First Approval Source thoroughly review your application and get back to you as soon as possible. We even offer same-day approvals for those with qualified credit.
Our specialists are experts in their field, and they can help you make the best decision for you and your boat. They are passionate about not only boating, but about helping you and getting you out on the water so you can have fun. When you’re ready, please feel free to visit our website at www.firstapprovalsource.com and fill out our credit application! Check out our blog to read more for other tips and tricks for boat loans.
Are you ready for a loan now?
Apply with our online credit application and receive same-day approval with qualified credit