Do you think there’s a kind of USCG documentation that you may need, but you aren’t exactly sure what it is? Does it feel like there’s a vessel documentation form you could use, yet you don’t know for certain? That’s perfectly understandable. Indeed, it’s something that just about every vessel owner thinks about at one…
At Vessel Documentation Online, LLC, we pride ourselves on providing relevant legal information for all vessel’s users. One common request we receive is of useful information about Preferred Ship Mortgage. There’s not much clear information available and sometimes it can be tricky to understand some details. If your vessel is eligible for documentation, you should…
Have you been looking to sell your vessel? Or, alternatively, are you unsure about the process for getting a mortgage for your vessel? Financing is a great way to get the vessel that you’ve always wanted. By that same token, you also want it to be handled the right way, too. At our site, we…
Vessel documentation has its own jargon, essentially its own language. These terms can be confusing to people who have spent much of their lives on the water, much less someone who’s just starting out. No matter what form of vessel documentation that you’re looking for, we have it here at our site. We know that…
Are you interested in getting a mortgage on your vessel? Have you been looking for an easier way to complete the documentation that you need? At our Vessel Documentation Online site, the Preferred Ship Mortgage Form is just one of the forms that we offer related to vessel financing. Whether you want to start a…
Buying a boat is a big deal for you as the prospective owner, but it also a big deal for the institution that is helping you finance the purchase. When you are buying a boat that is larger than twenty-six feet, a pleasure vessel this large is a significant purchase. It is only natural that…
Do you have your eye on a vessel but don’t know how you’ll be able to afford it? Are you looking for financing options on the vessel of your dreams? That’s exactly what a First Preferred Ship’s Mortgage can be. Here at the National Documentation Portal, we can help you to not just apply for…
Do You Need To Take Out A Preferred Ship Mortgage? Spending money on your first vessel can be a big investment, and many new boat owners choose to opt for a mortgage on their boat in order to afford the cost. Going to a bank or lending society and requesting money in order to purchase…
Are you a vessel owner considering a mortgage for your craft? If so, then you may want to consider obtaining a preferred ship’s mortgage. A preferred ship’s mortgage is one of the most popular types of loan when it comes to vessels. To be eligible for this mortgage, your vessel has to meet certain criteria….
So what is a preferred ship mortgage? It is a type of mortgage that protects you as the lender. Maritime liens other than preferred Maritime Liens do not prioritize First Preferred Ship’s Mortgages, which are lodged against vessels registered with the United States Coast Guard. A First Preferred Ship’s Mortgage is a mortgage recorded against…