Our Current Rates as of January 1, 2012
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NO APPLICATION FEE
Great Rates!!

New and Used Vessels
Simple Interest, No Points
No Prepayment Penalty
Minimum Loan $35,000
No loans in Alaska or Hawaii.

All Loans Require a 20% Down Payment

Amount Term Rate Payment/$1,000
Documented
$100,000 and Over		 Fixed for Full Term
20 Years		 4.87% 6.50
Documented
$50,000 - $99,999		 Fixed for Full Term
15 Years		 5.25% 8.00
Documented
$10,000 - $49,999
7 - 12 Years		 10.95% 12.50
Special Program
From $25,000		 Adjustable
 Starting at
2.65%
OTHER PROGRAMS AVAILABLE
Rates and terms on refinance based on credit and vessel.