Boat Loans

Boat Loans

Cruise the clear waters of Michigan's lakes and rivers

Let us float you an affordable loan

Purchase a new boat - or refinance your current watercraft.

Competitive rates

Lower interest charges leaves more money for gear, gas, and refreshments.

Borrow up to $250,000

Ideal for new and used purchases or refinances!

Take your time

Payment plans of up to 180 months help you stay within your budget.

Choose your craft

Get loans for pontoons, deck boats, ski/wakeboard boats, wave runners, bow riders, cuddy cabins, and center console/aluminum/bass fishing boats.

Find a favorite fishing spot. Speed along the shoreline. Or just drop anchor and chill out. In Michigan, boaters have countless reasons to get out on the water. When you're ready to make a splash, Credit Union ONE's lending team can help you get the financing needed to buy a watercraft that turns weekends and vacations into something special.

Credit Union ONE is a full-service financial institution with locations in Southeast Michigan, Davison, MI, Traverse City, MI, and Grand Rapids, MI.

Run the numbers

See what you can save on your monthly boat loan payment.

Plan your next adventure on the water


APR = Annual Percentage Rate. Approval and actual rate offered is based on creditworthiness factors. Minimum loan amount is $5,000 and the maximum is $250,000. Borrowers must have a valid Michigan Driver’s License. Not all boats are eligible. Approximate monthly payment would be $20.05 per $1,000.00 borrowed at 7.38% for 60 months. May not refinance existing Credit Union ONE Boat loans. Loan to value may not exceed 100%. Other conditions may apply. Rates subject to change.

The calculator tools are not guarantees of credit. Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes.