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Boat Loans

Feel the wind in your hair as you coast over the water with an affordable boat loan.

There’s nothing quite like the experience you get on the water. Owning a boat opens so many doors to new opportunities and adventures just waiting for you to dip your toes into.

At Red River Credit Union, we want to help you experience those moments and get you out on the water in your very own boat. With our competitive rates and quick approval process, you’ll be on the river, lake, or ocean in no time!

Our loan specialists can customize a boat loan with features like:

  • Competitive interest rates
  • Quick approval process
  • Flexible loan terms
  • Convenient eSign*

*Some restrictions apply

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Boat Loan Rates

Trust in Red River Credit Union as your navigator through the adventure of buying your boat. We will guide you toward the lowest interest rates available to you for boat loans so you can spend less on the boat you want.

Loan terms depend on credit qualification for borrowers. Let us create a custom loan package for you.

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Boat Loan Resources

Well-informed buyers make better financial decisions. Red River Credit Union wants you to have access to all the information you need. View the following boat loan resources to help you with your decision-making process.

Boat Loan Frequently Asked Questions

How do boat loans work?

Boat loans are similar to auto loans in that you will need to complete a loan application and get approved before the loan process can continue. Your financial history and other financial documents are important during this step. Once approved, we’ll determine a price that works for your budget and select an interest rate and terms that are suitable to your needs.

Can I get a used boat loan?

Red River Credit Union offers loans for both new and used boats based on their value and other qualifications. Whether you want to buy a used boat from a friend or choose a custom watercraft, our team can assist you.

How long is a typical boat loan?

The term of your loan will depend on a few different factors. These include the price and year of the boat as well as credit score and what interest rates are at the time.

Get Pre-Approved For A Boat Loan Today

At Red River Credit Union, we’ll help you save money so you can focus on the more important things in life. It takes minutes to see if you qualify for a boat loan. Simply submit your application online or visit one of our branches for more information.

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Lending Options To Meet Your Financial Needs

Not signed up for Online Banking? CLICK HERE, call us at 903-735-3000 / 800-822-3317, or visit a local branch to get started.

Checking & Savings Options To Meet Your Financial Needs

Not signed up for Online Banking? CLICK HERE, call us at 903-735-3000 / 800-822-3317, or visit a local branch to get started.