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1. How do I know my application has been submitted safely?

2. How can I check the status of my application?

3. What rates does Boat Financing USA offer?

4. How does Boat Financing USA determine my rate?

5. Does Boat Financing USA sell warranties and insurance?

6. What banks does Boat Financing USA work with?

7. How will I know when I have been approved?

8. How long does it take to process an application?

9. Does Boat Financing USA offer deferred payment or stated income loans?

10. What fees Does Boat Financing USA charge?

11. Does Boat Financing USA have a prepayment penalty?

12. What rates and terms does Boat Financing USA offer?

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1. How do I know my application has been submitted safely?
Your information is protected by an Xramp.com certified security encryption. Upon clicking submit on your application, you will be directed to a confirmation page stating your application was successfully submitted. You will then receive an email confirming your application is being processed and how to access your account online within 1 hour.   
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2. How can I check the status of my application?
You can check the status of your application by logging in with your emailed username and password. Your application status will be displayed and you can submit questions to your loan officer with the click of a button. If your status is not displayed, you can call us toll free at 1-877-288-6480.
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3. What rates does Boat Financing USA offer?
In today's contantly changing economy, rates vary from day to day. As of July 12, 2005 our rates range from 5.74% to 10.49% depending on the boat being financed, the amount being financed, and the credit history of the applicant. You can view our current rates online 24 hours a day.
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4. How does Boat Financing USA determine my rate?
Factors that may affect your rate include the age of the boat, the amount you are financing, your credit score, your late payment history, negative credit remarks, the state in which you reside, and the date you apply. All you have to do is fill out your application, and we do the rest for you. Again you can view our current rates online 24 hours a day.
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5. Does Boat Financing USA sell warranties and insurance?
Boat Financing USA is a certified vendor of a wide variety of extended service contracts, warranties, life insurance, hazard insurance, gap insurance and more. Just ask your finance associate about Boat Financing USA's extended services and protect your family and your boat today.
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6. What banks do Boat Financing USA work with?
Due to the competitive nature of the Boat Finance industry, we keep our partner banks anonymous except to approved applicants so that we may continue to offer the most competitive rates available to all our customers. You can also take comfort in the fact that Boat Financing USA will use only one bank for your needs, so that your credit does not receive inquiries from different banks.
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7. How will I know when I have been approved?
Your personal loan officer will work with you every step of the way to ensure you are up to date on the success of your application. Your loan officer will contact you within moments of your approval by phone and email.
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8. How long does it take to process an application?
Depending on the completion and accuracy of your application, your application can be processed within 1 business day of receiving your confirmation email.
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9. Does Boat Financing USA offer deferred payment or stated income loans?
Boat Financing USA offers a number of specialized programs including no payments for 90 days and can offer stated income loans on approved credit scores up to $250,000.
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10. What fees Does Boat Financing USA charge?
There are not fees whatsoever on loans over $100,000 or refinances. Purchases under $100,000 include a small fee of $199 which can be financed in with the loan or paid by check at closing. There are no other hidden fees.
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11. Does Boat Financing USA charge a prepayment penalty?
Although most banks charge a fee for principle reductions or prepayment penalties of 1% of the finance charges, Boat Financing USA caps all fees at $150 and ensures you will never be charged for making a principle reduction outside of the payoff of the loan.
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