APR=Annual Percentage Rate.  Boats and personal watercrafts over two model years old are considered used. 100% financing is available on used boat loans with approved credit. All loans subject to approval. Membership eligibility required.
 APR=Annual Percentage Rate.  Boats and personal watercrafts over two model years old are considered used. 100% financing is available on used boat loans with approved credit. All loans subject to approval. Membership eligibility required.
Enjoy a boatload of benefits when you finance your new or used boat (or personal watercraft) with CCCU. Our friendly loan experts will have you cruising the open waters in no time.
Whether you need financing for a new or used boat, or you want to refinance your current boat loan, you’ll get the boat financing you need right here.
Talk to our local experts for help bundling all your personal watercraft accessories into the best boat loan in Oregon and Washington!
Boats can depreciate in value quickly—sometimes quicker than you can pay off the loan. This could leave you on the hook financially if your new boat is totaled or stolen and not recovered. Ensure you are covered by signing up for GAP.
Our MEMBER'S CHOICE® Guaranteed Asset Protection (GAP) Plus coverage includes $1,000 towards your down payment on a replacement boat when financed by CCCU within 60 days after your primary insurance company issues a settlement check.
Be sure to ask about GAP when you apply for your CCCU Boat Loan to learn how this coverage can protect you and your family.
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There are a variety of lenders, loan types, loan terms, and competitive rates at your disposal, but you can be better prepared by knowing your financial history, getting prequalified with a lender, and having all the required personal and financial information ready, along with the boat’s information, such as the make, model, year, power and purchase price.
Get a fixed-rate loan with a term up to 7 years (84 months) with CCCU. We offer flexible financing terms and some of the best boat loan rates. Buyers have the option to make extra payments or pay the loan off entirely before the term is up.
There isn’t necessarily an average boat payment because there are many factors that determine how much you pay per month for a boat, including:
The more you borrow, the more your monthly boat payment will be. Use our boat loan calculator (above) to calculate your monthly payment.
The actual down payment will depend on the lender and the cost of your boat. Most lenders expect a buyer to put down 10–20% down. Some lenders may not require a down payment, most often for brand-new boats.
Depending on your creditworthiness, CCCU aims to provide the best boat financing rates possible. To view our competitive, fixed rates, scroll to the top of this page. You can also contact one of our loan experts to see what you could qualify for!
Applying for boat financing with CCCU is easy. Apply online in minutes, visit a branch, or contact our Consumer Loans Team at 503.797.7561 or email@example.com.
Options include choosing a shorter financing term with a higher payment, while others may choose a longer term with lower payments. Use our boat loan calculator (above) to calculate monthly payments for your purchase, depending on the loan amount and loan term.
Yes, in some cases you can prequalify for boat financing through our Consumer Loans Team at 503.797.7561 or firstname.lastname@example.org. We may require scanned or faxed income verification prior to prequalification.
Once you’re prequalified, closing paperwork will be sent to a CCCU branch of your choosing, where you can sign the documents. If you are unable to visit a branch, the documents may be sent through DocuSign. Your loan officer will work with you to make the process as easy as possible.
 Contact credit union for terms longer than 84 months. Advertised APR = Annual Percentage Rate; based on creditworthiness.
 Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regard to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.