Finance
Start Owning the Dream
Newcoast Financing Services
Newcoast offers great rates and competitive terms to make owning the boat or yacht of your dreams a reality.
Newcoast simplifies the boat financing process with professional advice, flexible rates and quick decisions. Newcoast agents have decades of experience navigating boat loans and work with a vast network of quality lenders to ensure the best rates in the market. As one of the largest loan originators in the country, you can rest assured knowing their team will deliver the most competitive yacht financing options.
Great Rates
Competitive rates from our vast network of quality marine lenders
Quick Decisions
Fast loan processing with funds wired within 4-5 business days
Flexible Terms
Up to 15-20 year terms depending on loan amount and vessel type
Expert Guidance
Decades of experience navigating boat loans and marine financing
All 50 States
Financing available nationwide with competitive regional options
Easy Process
Simplified application with minimal documentation requirements
Looking to refinance your current boat or yacht loan?
Reach out to Newcoast to lower your interest rate or adjust your loan terms.
Refinance NowLoan Calculator
Estimate your monthly boat payment
*This calculator provides estimates only. Actual rates and terms may vary.
Frequently Asked Questions
We can process your loan request in just a few days. Under normal circumstances we can have funds wired for you within 4-5 business days after loan approval.
In addition to your down payment, closing costs can include sales tax, Newcoast service fee, USCG, and title and registration fees.
We offer boat financing options for: Standard & Custom Power or Sail Boats, Multi-Hull Boats, Pontoon Boats, in 30 model years and newer. Different rates, down payment requirements, and restrictions may apply.
For loans up to $50,000, typically 15 years. For loans greater than $50,000, typically 20 years. There are additional options for certain circumstances.
For loan requests up to $250,000 only an application is needed. For loans above $250,000, we will also need a limited financial package to complete your loan submission.
Yes, but some restrictions apply to Alaska, Hawaii and Puerto Rico.
Yes, taxes, title, registration and/or Newcoast service fees may be included in your loan amount subject to the loan amount meeting our LTV (Loan to Value) guidelines. You may also choose to pay for them out of pocket; in which case, payment must be received prior to funding your loan.
Surveys are typically required on boats older than 5 years.
Down payment requirements vary by lender and region. Most lenders require a minimum of 10% of the total purchase. Loans over $150,000 may require 15-20%.