SailNet Community - View Single Post - Sailboat financing in Hampton Roads, VA
View Single Post
  #9  
Old 08-12-2011
sailpower's Avatar
sailpower sailpower is offline
Senior Member
 
Join Date: Jun 2008
Location: Fort Lauderdale
Posts: 250
Thanks: 1
Thanked 8 Times in 8 Posts
Rep Power: 7
sailpower is on a distinguished road
You don’t have to have a designated liveaboard loan in order to take the deduction.

You should find a lender that does liveaboard and submit to them. No point wasting your time with a lender that doesn’t do these loans.

Lenders also have different tiers of rates and requirements depending on the amount of the loan and the age of the boat.

If you have the time it might be a good idea to go to a boat show and visit all the finance booths.
Reply With Quote Share with Facebook