Thread: Boat Loans
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Old 09-06-2007
sailh34 sailh34 is offline
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Suntrust marine

We used Suntrust marine when we got our boat. That was a couple of years ago and the boat would have been 18 years old. Their rate actually beat most of the marine specialty places and they were really good to deal with. It was kind of funny - they offered the same rate for a 5, 10, 15, or 20 year loan (5.75% at the time). In addition, the interest is normally deductible if treated as a second home. The max they would loan was 85% of the boats value.
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