Part of the evidence that you will be required to send when you apply for USCG vessel documentation will be proof that you are an established US citizen. Only people who have this status may apply to document their boat in the US, and if you do not have this then you will not be…
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…
Finding the USCG Satisfaction of Mortgage Forms
Buying a yacht or recreational vehicle can be a big thrill for you and gives you the chance to achieve a lifelong dream of yours to own a boat like this. Many people find that purchasing a boat on the secondary market from a private seller or broker is the best way to get the…
Why US Documented Vessels Are Important For Mortgage Companies
The first time that you buy a boat, you may need to take out a loan in order to afford the full cost of the vessel. In order to get a reasonable sum for their purchase, many prospective boat owners choose to take out a type of loan called a preferred ship mortgage. This loan…
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…
How to Change Vessel Name and Hailing Port
If you’re the owner of a new vessel, you may be interested to know how to change vessel name and hailing port. Although you will be strongly advised against doing so by the superstitious sailor community, who tell you changing a boat’s name is bad luck, you are set on your ways. What are the steps…