USCG News

Preferred Ship Mortgage

What Is A Preferred Ship Mortgage? A 2022 Update

In the United States, a first preferred ship mortgage is a mortgage secured by a vessel that has been registered with the United States Coast Guard. A First Ship Mortgage is a mortgage that takes precedence over all other mortgages and is secured by real estate (in this case, the ship) according to

Can You Register a Boat Without Title

Can You Register a Boat Without a Title?

Can you register a boat without a title? That’s a great question and you are in the right place to find out. It’s no secret that registering a boat is much easier when you have a title on hand, but it’s not impossible without one. If you have recently purchased a boat and there’s no…