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First Tech Routing #321180379

Boat Loans

Are you ready to make some waves? First Tech’s fast and easy boat loans will get you on the water sooner.

As low as 7.29% Annual Percentage Rate (APR)7.29% Boat Loan example: $45,919 borrowed at 11.54% Annual Percentage Rate (APR) for 72 months = $19.31 per month per $1,000 borrowed. Actual rate will be determined based on the applicant’s credit history, and final loan terms. All loans are subject to credit approval. Credit Union membership is required and subject to approval.

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Father and son enjoying their time on a boat.
Boat Loans Apply Now

Why get a boat loan from First Tech?

man and child riding in a boat
  • Borrow from $1,500 up to $500,000
  • New, used, refinance, up to 10 model years old
  • Fast online loan application
  • No payment for up to 90 daysDeferring your first payment (up to 90 days from the funding date of your loan) is optional and is not a condition of your loan. Deferring your loan payment may affect your APR and the total interest you pay. All other loan terms and provisions will remain the same.
  • Flexible terms up to 180 monthsBoat Loan example: $45,919 borrowed at 11.54% Annual Percentage Rate (APR) for 72 months = $19.31 per month per $1,000 borrowed. Actual rate will be determined based on the applicant’s credit history, and final loan terms. All loans are subject to credit approval. Credit Union membership is required and subject to approval.
  • Many ways to join First Tech
  • DebtSafe® Optional payment protection

What kind of boat can I get?

We finance many kinds of freshwater and saltwater boats, sailboats, and inboard and outboard motorboats. We can also finance your trailer!


Image showing types of boats

Yes—First Tech includes sales tax as part of the total purchase price when financing your boat or RV. That means you can roll the tax into your loan, making it easier to manage upfront costs and get on the road (or water) faster.

Tip: Including sales tax in your financing can help preserve your cash flow while still covering all necessary expenses.

Flexible terms and competitive rates are available to support your adventure—whether you're buying a new RV for cross-country travel or a boat for weekend getaways.

Helpful Resources

 

First Tech offers boat loans for a wide range of credit profiles, including those with less-than-perfect credit. We understand that every financial journey is unique, and we’re here to help you move forward.

Here’s how we support you:

  • Flexible loan options tailored to your situation
  • Competitive rates based on your credit and financial history
  • Personalized guidance from our loan specialists to help you find the best fit

Tip: Applying with a co-borrower or providing a larger down payment may improve your loan terms.

Whether you're buying your first boat or upgrading to something new, our goal is to help you reach your dreams—with financing that works for you.

Helpful Resources

Knowing the value of your boat helps you make informed decisions—and we’re here to guide you every step of the way.

To estimate your boat’s value, we recommend using the NADA Guides Boat Value Tool, powered by J.D. Power. It’s a trusted resource that provides up-to-date pricing based on:</ttps:>

  • Make and model Year
  • Features and condition
  • Regional market trends

Tip: Having a clear idea of your boat’s value can help you negotiate confidently and secure the right financing.

First Tech offers flexible boat loan options with competitive rates—designed to help you reach your dreams on the water.

Helpful Resources

Getting a boat loan with First Tech is fast, flexible, and designed to help you reach your dreams on the water.

Here’s how to get started:

  1. Apply online or by phone
    • Apply in minutes at https://www.firsttechfed.com/ratesfirsttechfed.com
    • Or call us at 855.855.8805 to speak with a loan specialist
  2. Check your credit and finances
    • Review your credit score and debt-to-income ratio
    • Determine how much you want to borrow and what fits your budget
  3. Choose your loan terms
    • We offer competitive rates and flexible repayment options
    • Our team will help tailor a loan to match your financial goals

Tip: Pre-qualifying can give you a clearer picture of your buying power and help you shop with confidence.

Whether you're buying a new boat or refinancing an existing one, First Tech is here to support your journey with personalized service and trusted guidance.

Helpful Resources

Closing your boat loan with First Tech is designed to be simple, secure, and convenient—no branch visit required.

Here’s what to expect:

  1. Remote closing
    The buyer and seller don’t need to be in the same location or visit a First Tech branch. All paperwork can be completed electronically.
  2. Document review
    Once we receive signed documents from both parties, we’ll begin processing the loan.
  3. Funds disbursement
    • If the boat is currently financed, we’ll send funds directly to the lienholder to pay off the existing loan.
    • If there’s no lien, we’ll issue a check to the seller—typically within 1–2 business days after receiving all required documentation.

Tip: To avoid delays, make sure all paperwork is complete and submitted promptly. Our loan specialists are here to help guide you through each step.

With flexible terms and competitive rates, First Tech makes it easy to finance your next adventure.

Helpful Resources

Your loan approval and rate commitment are valid for 30 days from the date of approval.

This gives you time to:

  • Finalize your purchase
  • Submit any required documents
  • Lock in your rate before market conditions change

Tip: If you need more time, reach out to your loan specialist. We may be able to extend your approval or help you reapply with updated terms.

At First Tech, we offer competitive rates and flexible terms to help you move forward with confidence—whether you're financing a car, boat, RV, or personal expense.

Helpful Resources

In most cases, you’ll receive a decision immediately or within one business day—depending on the loan amount, your credit profile, and the type of loan you're applying for.

We work quickly to review:

  • Your credit history
  • Your debt-to-income ratio
  • The loan amount and purpose

Tip: To speed up the process, have your income details, identification, and any supporting documents ready when you apply.

Whether you're financing a car, boat, RV, or personal expense, First Tech is here to help you move forward—fast.

Helpful Resources

Boat insurance helps protect your investment and gives you peace of mind while you're out on the water. Most policies include:

  • Liability coverage – Protects you if you're responsible for damage or injury
  • Uninsured boater coverage – Covers you if another boater doesn’t have insurance
  • Medical payments – Helps pay for medical expenses after an accident
  • Comprehensive and collision – Covers damage from accidents, theft, fire, or weather

You can also add optional coverage for:

  • Personal effects – Items like clothing, electronics, or fishing gear
  • Special equipment – Navigation systems, trailers, or custom accessories
  • Wreckage removal – Cleanup costs if your boat is damaged or sunk
  • On-water towing – Emergency assistance if your boat breaks down

Tip: Every boat and boater is different. Our team can help you customize a policy that fits your lifestyle and budget.

Get a no-obligation quote through First Tech Insurance Services and explore coverage options that keep you protected.

Helpful Resources

Applying for a boat loan is simple—and we’re here to help you every step of the way.

To get started, you’ll need to provide:

Basic Information

  • Your name, address, and contact details
  • Employment and income information
  • Social Security number for credit review

Boat Details

  • Make, model, and year of the boat
  • Purchase price or refinance amount
  • Seller or dealer information

Supporting Documents (may be requested during underwriting)

  • Proof of income (e.g., pay stubs or tax returns)
  • Sales contract or purchase agreement
  • Marine survey report (for certain vessels or loan amounts)

Tip: Having these documents ready can help speed up the approval process and get you on the water faster.

First Tech offers competitive rates, flexible terms, and personalized support to help you finance your next adventure with confidence.

Helpful Resources

At First Tech, we offer loan terms up to 15 years (180 months) for qualified boat and RV purchases. Longer terms can help lower your monthly payments and make financing more manageable—so you can focus on enjoying the journey ahead.

Tip: Choosing the right term depends on your budget, the age of the vehicle, and your long-term financial goals. Our loan specialists can help you find the best fit.

With competitive rates, flexible terms, and personalized support, First Tech makes it easy to finance your next adventure.

Helpful Resources

We finance boats that are up to 10 model years old. Whether you're purchasing or refinancing, we offer flexible terms and competitive rates to help you get out on the water with confidence.

Here’s how rates are typically adjusted based on the boat’s age:

  • Used Boat (2–5 model years old)
    Add 0.50% to the advertised new boat loan rate
  • Older Used Boat (6–10 model years old)
    Add 1.00% to the advertised new boat loan rate

Tip: If you're considering an older vessel, a marine survey may be required to confirm its condition and value. Our loan specialists can guide you through the process.

First Tech offers personalized support and flexible financing options to help you reach your boating goals—no matter the age of your vessel.

Helpful Resources

Icon assessments Quick and easy loan approval

  • Online loan application
  • Digital document delivery
  • Fast loan decision

Icon assessments Secure, anytime, anywhere account access

  • Free mobile app
  • Free online banking

Icon assessments More money in your pocket

  • No pre-payment penalty
  • No application or origination fee
  • No annual feeBoat Loan example: $45,919 borrowed at 11.54% Annual Percentage Rate (APR) for 72 months = $19.31 per month per $1,000 borrowed. Actual rate will be determined based on the applicant&rsquo;s credit history, and final loan terms. All loans are subject to credit approval. Credit Union membership is required and subject to approval.

Boat loan calculators.

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Offering more than just a boat loan.

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Vehicle loans.

Boat Loans

As low as 7.29% Annual Percentage Rate (APR)7.29% Boat Loan example: $45,919 borrowed at 11.54% Annual Percentage Rate (APR) for 72 months = $19.31 per month per $1,000 borrowed. Actual rate will be determined based on the applicant&rsquo;s credit history, and final loan terms. All loans are subject to credit approval. Credit Union membership is required and subject to approval.

For new or used boats up to 10 model years old with financing up to 180 months.
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Boat Loans are not available in Puerto Rico.
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