Boat Loans
Get on the water sooner with competitive rates on new and used boat loans.
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Your perfect day on the water starts here with competitively low rates on new and used boat loans.
From a day on the lake to ocean adventures, make your boating dreams a reality with F&A Credit Union's low-interest boat loan rates. With straightforward financing options and a Customer Service team that puts your needs first, F&A will help you navigate the path to vessel ownership with confidence.
At a glance
- Good for new, used, or refinanced boats
- Flexible terms up to 144 months
Apply now via Digital Banking, by calling our Member Contact Center, or in person at one of our branch locations.
Loan details
- 0.50% rate reduction for payments made by automatic transfer or payroll deduction
- No prepayment penalty
- Must buy and title the boat in the state in which the purchaser lives
Boat Loans
Set sail with ease by financing your new or used boat with F&A.
APR{{boat_apr}} range
6.90% to 14.90%
Maximum term (new)
180 months
Maximum loan (new)
$200,000.00
Maximum financing (new)
80% of MSRP, including trailer
Maximum loan (used)
$125,000.00
Maximum term (used)
144 months
Maximum financing (used)
80% of average trade-in from NADA, including trailer
Maximum vehicle age{{rv_boat_max_age}}
12 years
Prepayment penalty
None
Insurance requirements
Marine insurance
| FICO{{fico}} Score Range | APR{{rv_boat_moto_apr}} |
|---|---|
| 720 and above | 6.90% |
| 680 to 719 | 8.90% |
| 679 to 620 | 11.90% |
| 619 or less | 14.90% |
Calculate Your Payment
Calculate Your Savings
FAQs
Where can I purchase a boat from?
F&A will extend a boat loan to finance a new or used boat from a dealership or refinance an existing loan from another lender or private party (restrictions apply).
What types of boats can I finance?
We finance a wide range of water vessels, including powerboats, sailboats, pontoons, and personal watercraft, both new and used.
Do I need boat insurance to get a loan?
Yes, you'll need to provide proof of marine insurance that covers the full value of the boat.
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RV Loans
Live out your road trip dreams with a new or used recreational vehicle.
APR{{rv_apr}} range
6.90% to 14.90%
Maximum term
144 mo.
Maximum loan (new)
$200,000.00
Maximum financing (new)
80% of MSRP; 90% for 720+ credit scores
Maximum loan (used)
$125,000.00
Maximum financing (used)
80% of used average from NADA
Maximum vehicle age{{rv_boat_max_age}}
12 years
Motorcycle Loans
Finance your new or used motorcycle to start your adventure.
APR{{moto_apr}} range
6.90% to 14.90%
Term range
Up to 60 mo.
Maximum loan (new)
$45,000.00
Maximum financing (new)
80% of MSRP
Maximum loan (used)
$30,000.00
Maximum financing (used)
80% of used average from NADA
Maximum vehicle age{{moto_max_age}}
5 years
Personal Loans
Access this flexible option for any of life’s surprises or as a way to consolidate higher-interest debt.
FICO{{fico}} Score Range
APR{{all_personal_apr}}
FICO 720 and above
7.90%
FICO 680 to 719
9.90%
FICO 620 to 679
13.90%
FICO 619 or less
16.90%