Questions about boat loans
Here you can read about the most common questions we receive about boat loans,
and our answers.
Can I get a loan on a boat I already own?
When it comes to car loans, the vendor's security is in the boat. For the vendor's security to be established there must be a real bargain.
Can I have a loan commitment?
Yes. Not sure which boat to buy, but want to know if you get a loan, you can apply for a loan commitment.
What is the least I can borrow?
For a boat it is kr. 50 000,-
Can I borrow more than what the boat costs?
No. We borrow maximum the purchase price as stated in the purchase contract.
How long can I get repayment of the loan?
Boats under 10 feet must be repaid over a maximum of 10 years.
Boats over 10 feet must be repaid over a maximum of 15 years.
Do I have to buy at a retailer?
No. You can buy from the dealer or private individual.
Can I bring / take over the boat when I have been granted a loan?
No. Loan documents must be signed before the boat is is registered on the buyer.
Can I get paid the loan on my own account?
No. The loan amount must be paid to the seller.
Norsk