Boat Loans
Whether your intended purchase is a new or used boat, or if you are looking to refinance an existing boat loan, KeyDirect can help.
In addition to the competitive interest rates KeyDirect customers have come to expect, we offer an array of loan payment plans to fit your lifestyle, and the marine financing experience to get you through the loan process quickly.
Boat Loan Detail
- Designed for individuals shopping for a new or used boat, as well as those looking to refinance an existing boat loan
- Choose from monthly, annual, seasonal (skip up to 3 consecutive monthly payments per year), or bi-weekly payment plans
- Special programs, including a 3/1 adjustable rate option and our limited or no down payment program may be available, depending on credit
- Receive a loan decision within one business day in most cases
Rates and Fees
View our boat loan interest rates and fees or call us at 1-800-872-5553 for our current rates.
Disclaimers
Subject to credit approval.
Actual rates, fees, and terms are based on those offered as of the date of application and are subject to change without notice.
To apply for a boat loan, you must:
- Be 18 years of age or older
- Live within any state except AL or HI
- Agree to provide additional personal and business information, if requested, such as tax returns and financial statements
- Certify that all information submitted in the boat loan application is true and correct
- Authorize the bank and or a credit bureau to investigate the information on the loan application
- Agree to provide documentation for all boats above $100,000.00
- Acknowledge that collateral and other restrictions apply. For example, personal boat loans cannot be used to finance vessels used as a primary residence or for commercial use.