Yacht Loan Information For Financing A New Yacht or to Refinancing an Existing Yacht Loans ! Offshore Financial

• A Simplified Process

• Competitive Rates & Terms

• A Variety of Programs

• Regional & National

• Fixed and Adjustable

• Quick Approvals

• Experienced Associates

Fixed Rates with terms up to 20 years.
(Call for the most current FIXED rate in your area)

MONTHLY ADJUSTABLE RATE Programs: Available for loan amounts of $150,000.00 and up. Monthly contract rate based on the 30 day L.I.B.O.R. Rate plus 2.25%. (Call for Details)

3 YEAR FIXED RATE Program: Available for loan amounts of $50,000.00 and up. Rate is fixed for the first 3 years of the contract than adjust to the PRIME RATE plus 1/2%. Vessel mest be Coast Guard Documented. (Call for Details)

LOAN vs. CASH
If Your Paying Cash For Your Boat Your're Probably Paying Too Much!

Select Here to Learn More!

Offshore Financial offers financing up to 85% of the
total selling price of the boat with terms as long as
20 years.

	•	All loans are simple interest with no points or prepayment penalties.
	•	Written approvals can be obtained within 24 to 48 hours.

See how we can get you pre-approved before
you shop.

•

Minimum Loan $25,000

All loans are simple interest with no points or prepayment penalties *

( * a 12 month pre-payment penalty applies to ADJUSTABLE RATE programs ONLY . Call for details)

Consider Buying a Pre-Owned boat, contact us for
most current boat values and an up-to-date listing
of the qualified surveyors in your area.

	•	All loans are simple interest with no points or prepayment penalties.
	•	We offer a variety of programs suited to your individual needs.

Minimum Loan $25,000

All loans are simple interest with no points or prepayment penalties *

( * a 12 month pre-payment penalty applies to ADJUSTABLE RATE programs ONLY . Call for details)

With Interest Rates being at their all time LOW refinancing makes even more sense NOW.

Offshore Financial offers refinancing programs that can save you money with your next payment and hundreds or even thousands of dollars over the remaining term of your loan.

For an example, If two years ago you borrowed $100,000.00 for 15 years at a rate of 7.75% your monthly payment would currently be $941.28. If by refinancing the balance of your loan, you could lower your rate to 6.75% (1 percentage point difference) for a term of 13 years (you already paid two years into your original 15 year term loan) you would lower your monthly payment by $56.37 to $884.91. This is a $676.44 PER YEAR SAVINGS. If you keep your boat for only five years your SAVING would be $3,400.00.

To see if refinancing makes sense for you, check your current contract rate find out our outstanding balance ( we can estimate this for you ), then call us. If today's market rate is at least 3/4 of a point (.75%) lower, refinancing could save you money. If your outstanding loan balance is over $100,000.00, a 1/2 pt. difference (.50%) might make sense, other loans with balances under $50,000.00, a 1 point (1%) difference might be needed. Contact one of our offices to discuss your individual loan situation, we'll send you a loan comparison schedule to show you just how much you will save. We can also point out other ways to SAVE YOU EVEN MORE.

If you are considering upgrading your existing vessel
for any reason, give Offshore Financial a call to
discuss how we can help enhance your existing investment.

	•	Repowering
	•	Exterior/interior upgrades
	•	Sails
	•	Electronics
	•	Lengthening

Minimum Loan $25,000

Loan Application (download) - Download this easy to use PDF loan application. To view the PDF loan application you will need to download the latest
version of Adobe Acrobat Reader if you do not
already have it.

After downloading, you can view the application, print the application, complete the information at your convenience, and mail or fax it to us. Be sure to include the important information listed below.

Our mailing address is:

Offshore Financial
106 Bridge Avenue, Suite 4
Bay Head, NJ 08742
Fax: (732)-899-8686

**IMPORTANT INFORMATION NEEDED**

To expedite your yacht or boat loan application,
please fax or send the following information.

	•	Two years current 1040 Federal Income Tax returns complete with all schedules, including W-2's.
	•	If Self Employed - Business Financial Statements and two years Corporate Federal Income Tax returns.
	•	Copy of Boat Purchase Agreement
	•	Any documents or statements explaining a unique or special situation.


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