USCG News

U.S. Coast Guard Requirements

Five Essential U.S. Coast Guard Requirements for Identification

If you own and operate a boat that is registered with the United States Coast Guard, there are certain documents and proof of identification that you must have on file. This is for your own protection, but also for the benefit of others on the water. Coast Guard registration ensures assistance if you have an…

Preferred Ship Mortgage Form

Preferred Ship Mortgage Form: When Securing Financing Against a Boat

Are you planning to purchase a boat? If you are, then you may need to secure financing. That is if you do not have the full amount in cash. Financing lets you spread out the cost of the boat over some time through regular loan payments. It enables you to acquire the boat that you…

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…