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…
Have you almost paid off your Preferred Ship’s Mortgage and are wondering what comes next? Do you know what to do after you’ve paid the loan back? There’s an old joke you may have already heard: “The two happiest days of a boat owner’s life are the day they buy the boat and the day…
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…