Preferred Ship Mortgage

Buying a Boat? Get a Preferred Ship Mortgage

Much like buying a home or vehicle, purchasing a boat often requires financing. This involves taking out a loan that you will make monthly payments on until it’s paid off. Also like financing a home or vehicle, there are several kinds of loans you can use to buy a boat. Paying cash is the best…

USCG Documentation Services

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Preferred Mortgage

What is a Preferred Mortgage with the Coast Guard?

When you decide to be a member of the boating community, it is really important to make sure that you understand all of the relevant terminology that you are likely to come across in the course of your vessel ownership. This is especially the case when it comes to the financial side of things, and…

USCG Documentation Services

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