Texas Fishing Forum

Looking for recommendations for who has the best interest rates at this time

Posted By: Ranger Z118

Looking for recommendations for who has the best interest rates at this time - 08/20/20 04:59 PM

Looking to buy a new or like new boat and was hoping to get some suggestions on who has the best rates.

Thank You

Brian
Posted By: Douglas J

Re: Looking for recommendations for who has the best interest rates at this time - 08/20/20 05:16 PM

2-6 year term I would bet a credit union is hard to beat.
Posted By: basscaster46

Re: Looking for recommendations for who has the best interest rates at this time - 08/20/20 05:40 PM

Credit Union is a nonprofit so yeah there’s that
Posted By: Jeff From Iowa

Re: Looking for recommendations for who has the best interest rates at this time - 08/20/20 07:42 PM

Refi your house if possible, record low rates right now.
Posted By: Walls

Re: Looking for recommendations for who has the best interest rates at this time - 08/20/20 07:53 PM

Originally Posted by Jeff From Iowa
Refi your house if possible, record low rates right now.


+1
Posted By: Finesse EMPEROR/ Dropshot King

Re: Looking for recommendations for who has the best interest rates at this time - 08/20/20 08:19 PM

Originally Posted by Douglas J
2-6 year term I would bet a credit union is hard to beat.



this is the truth bought a new truck through a credit union a few weeks ago at 4% which I think is still a little high but on a 50k a truck I wasn't gonna say no lol
Posted By: avid_basser

Re: Looking for recommendations for who has the best interest rates at this time - 08/20/20 08:39 PM

Originally Posted by Jeff From Iowa
Refi your house if possible, record low rates right now.



I thought in TX you couldn't refi for cash back?
Posted By: Hook'Em 79

Re: Looking for recommendations for who has the best interest rates at this time - 08/20/20 08:51 PM

Originally Posted by avid_basser
Originally Posted by Jeff From Iowa
Refi your house if possible, record low rates right now.



I thought in TX you couldn't refi for cash back?


Pretty sure you can, have a couple of buddies that have done it in the past.

Rec Lending offered me 5.99% on a like new boat if that helps any.
Posted By: bassmanrudy

Re: Looking for recommendations for who has the best interest rates at this time - 08/20/20 09:19 PM

https://themortgagereports.com/41538/texas-cash-out-refinance-new-laws-you-need-to-know#:~:text=A%20Texas%20cash-out%20refinance%20loan%20is%20also%20called%20a,cash%20paid%20out%20at%20closing.

[Linked Image]
Posted By: Minner Bucket

Re: Looking for recommendations for who has the best interest rates at this time - 08/21/20 01:12 AM

There’s a new.5% fee on all mortgage refinancing making it more expensive. My boat I went to a credit union and got 4% for 4 years. That was 2 years ago.
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