If you are a water lover but not sure how to turn your love into reality, consider contacting Adirondack Federal Credit Union about taking out a boat or other watercraft loan. Whether you are looking for a bass boat to help you land a prize walleye or looking for an opportunity to skim across the waves on a jet ski, we can help you get out onto your favorite lake this summer.
What if I am Purchasing a Used Boat or Jet Ski from an Individual?
When you get a boat loan from Adirondack Regional FCU, we make the process fast and simple so you can get out on the water as quickly as possible. Our expert loan officers will walk you through the necessary paperwork step-by-step to help take the confusion out of the loan process. Whether you are buying new or looking for a boat loan to purchase a used boat from an individual, our top priority is getting you on the water quickly.
How Do I Apply for a Boat Loan?
- We offer two ways to apply. Either fill out our online application or stop into your local branch and speak with one of our loan experts.
- Find out if you are approved usually within 24 hours.
Since we are a small institution, we are able to get you answers quickly and easily. The same person that handles your boat loan application is the person that makes the decisions. That means personalized attention and customized results. No more waiting for big bank automated systems to approve your loans!
Current Boat & Watercraft Loan Rates
| Loan Type | Term | APR* starting at |
|---|---|---|
| New Campers & Boats | 24-36 Months | 6.00% |
| 48-60 Months | 6.50% | |
| 72-84 Months | 6.75% (Over $30,000) | |
| 120 Months | 8.25% (Over $30,000) | |
| up to 180 Months | 8.50% (Over $40,000) |
| Loan Type | Term | APR* starting at |
|---|---|---|
| Used Campers & Boats | 24-36 Months | 6.25% |
| 48-60 Months | 6.75% | |
| 72-84 Months | 7.50% (Over $30,000) | |
| 120 Months | 8.50% (Over $30,000) | |
| up to 144 Months | 9.00% (Over $40,000) |
What if I Want to Pay-off my Boat Loan Early?
We encourage it!
We want to make the loan process as easy as possible for our members. For this reason, you will never incur a pay-off penalty when you are able to finish paying your loan off early.
Water lovers Can Stop Dreaming and Start Boating
If you have been waiting to afford the boat or jet ski of your dreams, Adirondack Regional FCU can help. Stop into your local credit union branch to talk about your options and fill out an application today