Non Conforming Yacht Loan Program
This program is proposed for persons that require non-conventional yacht financing because they do not meet the requirements for a traditional loan. This program is exclusively designed for borrowers that fall into, although not limited to, the following categories:
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Previous credit problems including charge-offs, foreclosure and/or bankruptcy
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Difficulty in verifying income or significant fluctuations in income from year to year
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Non-U.S. Citizens
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High debt ratio
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Older collateral
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Non-traditional usage