Industry Partners


Boat Loans in Virginia

First Approval Source:

Easiest Way to Get a Boat Loan

Happy family with children enjoy relaxing on a yacht at sea

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. 

How to Find the Right Financing for You

Virginia is home to some of the most crystal clear waters you can see! The state has countless historic landmarks and stunning scenery that’s made even better when you’re on a boat! Take a trip down the Roanoke River or take part in some fishing in the Chesapeake Bay! Since Virginia offers so many ways to have fun with a boat, getting a boat loan should be the same way.

Fortunately, it isn’t too difficult to find a boat loan in Virginia. Several credit unions in the area could provide a good option for you. These could include credit unions such as The Virginia Credit Union and Central Virginia Federal Credit Union, among several others. However, they don’t often have a dedicated recreational loan expert that knows all of the best practices, and you could end up with less favorable rates and terms. National lenders can have the same problem. You can find good terms, but you can maybe find better terms elsewhere while also saving time. Some options are better for some than others, so it’s important to know the benefits of every option and how to choose the boat loan provider that best fit’s your boat loan needs. 

 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 will 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 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

What do others say about First Approval Source?

Kip DarbyKip Darby
13:59 26 Sep 22
First Approval Source, LLC are top notch!!! David did a great job from start to finish. Attention to detail and open communication through the entire process made the boat purchase truly effortless. Thank you once again.
Alicia PetersAlicia Peters
14:31 29 Jun 22
Anthony Baldwin was our loan specialist. He was super friendly and so easy to work with. He got our loan approved and was very thorough. Thank you so much Anthony!
Frank KubalaFrank Kubala
09:56 18 May 22
I found First Approval Source to be very professional. We worked with Santiago, he was very thorough, answered all questions, and followed through on issues. He was very pleasant to work with. I highly recommend First Approval Source!
Kathy CalderonKathy Calderon
21:47 06 May 22
Thank you Anthony Baldwin for helping us with the purchase of our boat. You are the best! I will definitely recommend all my friends and family to First Approval. You have made the buying process so smooth.
James SmithJames Smith
20:53 11 Apr 22
Very easy to work with and excellent communication. Made the process simple and smooth. Seller said they were happy too. Thank you, Anthony!