So you already bought a vessel and now you want to take it to the sea. Sure thing, it’s what ships are made for sailing. But is it ready yet? Before you start the boat’s engine, you must obtain the proper documentation for your ship once you acquire it. It’s important to know what kind…
Tag: Preferred Ship Mortgages
What is a Coast Guard Preferred Mortgage?
In the world of vessel ownership, a ‘Preferred Ship Mortgage’ is one the most popular ways to finance the purchase of a boat. This is typically the kind of mortgage that is approved for vessels that measure more than 26 feet in length, as for any boats smaller than that, the title and notation of…
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…