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A mortgage is a loan that is secured by the property bought using the loan.
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Usually referred to as a chattel mortgage - so named because the security for the mortgage is a chattel - in this case the boat.
If you have a stellar credit rating it should not be a problem to get one, if you are planning on putting as large a percentage down as you indicate.
Me, I fall into the category of "never borrow money for something that won't appreciate" (but that's just my philosophy and I'm not sure if it's necessarily a better approach than others have), but take a long hard look at the amount of interest that you'll be paying...