About USCG Satisfaction of Mortgage Form

One thing we’ve learned over the years about USCG documentation forms: they weren’t named with regular people in mind. It’s been our experience that most people who own boats would much rather be on their boats than filling out some form. These are legal forms, designed by lawyers and legislators, so they can be a…

Preferred Ship Mortgage Explained

The “Preferred Ship Mortgage” is one of the ways that you can go about securing boat loans. Typically, this particular kind of mortgage is for vessels that are over 26 feet in length. For boats that are smaller than that, the title and a notation of the security interest recorded on the title should be…