Thread: Boat Loans
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Old 11-07-2008
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Harryeod Harryeod is offline
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Quote:
Originally Posted by sailingdog View Post
Unfortunately, the bank probably has the right to change the interest rate... You might want to point out that NADA values aren't all that accurate—especially with regards to semi-custom boats.
Thanks SD. The whole NADA thing is the issue that I have been discussing with the loan officer/s. I think one big problem is that I am not sure if all the LO's have experience with boats and boat loans. I had to explain the survey to a couple of different people and also the fact this boat is not a production Islander boat.

I will keep post any news I receive from the LO.
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