Has your life changed dramatically since you registered your vessel and you aren’t sure what does and doesn’t have to be updated with your registration? Have you gone from one online documentation site to another looking for the forms you need but you can’t quite find them? When your life transitions, your documentation may have…
Tag: Preferred Ship Mortgage
Understanding the Preferred Ship Mortgage
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…
First Preferred Ship’s Mortgage Empowering Your Nautical Dreams
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…
First Preferred Ship’s Mortgage: Why It’s the Preference of Many Vessel Owners
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….