When you’re in the market for a boat, our loan specialists can help. Howard Bank provides boat loans for new and used vessels from dealerships or private sellers.

As a community bank, we are committed to excellent customer service for our friends and neighbors. Our loan specialists work with local management to make quick decisions on your loan. A 0.50%  discount will be given  if you have an automatic loan payment set up out of a Howard Bank checking account.

We base your loan amount on the value of the vessel, excluding taxes, tags and warranties. Our boat loans provide financing on up to 80% of the BUC value with 5- to 15-year loan terms depending on the loan amount.

  • New boat loans: 80% of the purchase price excluding taxes, tags and warranties.
  • Used boat loans: 80% of the lesser of the purchase price or the value determined by survey or average retail BUC value excluding taxes, tags and warranties. 

Ready to get started with your Boat Loan?

Download our printable application form (PDF), complete it and bring it to your nearest Howard Bank branch.

All Loans Subject to Credit Approval