They didn't say. But I just got approved for a loan with USAA for the amount I wanted and at a reasonable rate. It wasn't the lowest, but I told them I only wanted to live aboard for six months at dock, not cruising, and they said that it was inconsequential.
So, now I have a slip at the Navy Marina in Newport, RI and a loan! All I need is a boat!!!
I'm looking for an Alberg 37, Bristol 40 or a Block Island 40.
LT PrebleBoy, USN