Whether you are a U.S. Coast Guard boat owner looking for a mortgage, you may wonder if there is a unique program designed just for people in your situation. In any case, there is! Borrowers who meet the requirements for the preferred ship mortgage program offered by the United States Coast Guard are eligible to…

There is a good chance that you are familiar with mortgages for real estate. With the advent of the preferred ship mortgage, ship owners may take out loans against their boats. It’s a common misconception that only current or former navy commanders may qualify for this financing. A preferred ship mortgage is available to any…