Financing for new and used boats, with great interest rates specifically for members seeking boat loans, are a great first step to get you out on beautiful Oregon waterways. First, make your way to Oregon State Credit Union's online boat loan application or to any branch.
No application fees
No prepayment penalty for early payoff
Get NADA pricing guides.
Up to 100% financing available to qualified buyers
Discounted rate for automatic payment transfer
Additional discounted rate for members in Enhanced or Premier Member Merits categories
About boat loans at Oregon State Credit Union
Looking to purchase or refinance a variety of new or used watercraft and trailers? We can help.
What is a "secured" boat loan?
- Oregon State Credit Union boat financing is a loan secured by the title of a new boat and trailer. New is defined as the current and prior model year, and not previously titled.
What can the boat funding be used for?
- Funds can be used to purchase a new boat, trailer and motor, or to refinance an existing new boat loan.
What kinds of boats cannot be financed with an Oregon State Credit Union loan?
- We do not finance yachts or sailboats.
|Vehicle type||APR (Low)*||APR (High)||Repayment terms|
New or used boat or RV
|New boat or RV (2021-2022)||4.49%||15.99%||Up to 72 months|
|New boat or RV (2021-2022)||4.74%||16.24%||73-180 months|
|Used boat or RV (2012-2020)||4.99%||16.74%||Up to 72 months|
|Used boat or RV (2012-2020)||5.24%||16.99%||73-180 months|
ATVs, horse trailers, motorcycles, snowmobiles and personal watercraft
|New (2021-2022)||4.49%||16.99%||Up to 72 months|
|New (2021-2022)||4.74%||17.24%||73-84 months|
|Used (2016-2020)||5.49%||17.74%||Up to 72 months|
|Used (2016-2020)||5.74%||17.74%||73-84 months|
About these rates
*APR (Low) indicates the lowest annual percentage rate you may qualify for on the loan. The annual percentage rates shown in the table are reflective of a range of rates available. All loans are subject to approval. You may qualify for the lowest rates published depending upon your credit qualification, the amount financed, receiving a 0.25% APR reduction by maintaining an automatic loan payment each month and 0.25% APR reduction for qualifying for the Premier Member Merits category. The Member Merits rate discounts are subject to change.
The following examples illustrate the expected monthly loan payments for members who qualify for the prime rate, premier member merit status and enroll in automatic monthly payments.
We may offer other rates in the future. We may be able to match rates from other lenders. All loans are subject to approval.