Hello, I'm
Scott Bradshaw
My family and I have been boating since 1985. We are natives of coastal NC, and my goal is to help you navigate the marine lending process so that you can enjoy the water as much as much as we do! You have a lot of loan choices, But few banks truly understand boating like I do. See my reviews HERE
Don't want to listen to me ramble?
Scroll the bottom for a short list of generic qualification guidelines.
How can I help?
I answer your questions.
I bring the strength of Azure Funding
I bring the strength of Azure Funding
It is my goal to help YOU make the best decision you can. There are a lot of moving parts to financing your dream boat.
Whether you are looking for a boat loan of $50,000 or $5,000,000, we likely have a choice for you. And if I am not the right guy, I will try to point you that way!
I bring the strength of Azure Funding
I bring the strength of Azure Funding
I bring the strength of Azure Funding
The Azure team has over 100 years of combined experience, encompassing every aspect of the marine and lending industries. Our team truly cares about its customers and is committed to providing the best lending experience possible
Apply now. We make it easy!
I bring the strength of Azure Funding
Apply now. We make it easy!
Our online application is in 2 parts and uses state of the art 128 bit encryption. The first part is simply an email form to get me some basic information on your purchase. The second part is the full application and is simple to fill out, and usually takes less than 5 minutes.
Our typical decision time is less than 24 hours.
Things that affect aproval - THE SHORT LIST
Credit Score
whoLESALE VALUE
Credit History
800+ typically receive the best rates
740 AND UP for better rates
Options for 680 +
This is door number 1 - Credit history is door number 2. ->
Credit History
whoLESALE VALUE
Credit History
Low usage of revolving helpful
Slow pays and charge-offs hurt
Mortgage can NOT be in FORBARENCE
No BK in the last 7 years
Some form of COMPARABLE Installment history (This one catches a lot of people)
whoLESALE VALUE
whoLESALE VALUE
dOWN pAYMENT/lIQUIDITY
dOWN pAYMENT/lIQUIDITY
dOWN pAYMENT/lIQUIDITY
dOWN pAYMENT/lIQUIDITY
Amount borrowed
dOWN pAYMENT/lIQUIDITY
Amount borrowed
$50000 + Usually offered a 20 year term
ie $62,600 purchase less 20% = $50080
Under 50k 15 year
25k and less 12 year
dEBT TO INCOME
dOWN pAYMENT/lIQUIDITY
Amount borrowed
DTI Ratio under 40% including the new payment. Revolving payments calculated at 3% of balance.
PAYMENT to income 14-18%
My Blog
Or send me a message
Feel free to call or text me at the number below. If I can not answer, I will call you baCK
Or, pick one of the social links above and send me a message anytime. If you are on The Hull Truth, you can find me as Boat Money
Scott Bradshaw, The guy with Your Boat Money
Reviews
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