Home personal loans Boat Loans

Boat Loans Photo Boat Loans

Is there anything like getting out on wide-open waters?

In our part of the country, we’re blessed with lakes and access to great vacation spots. Central Bank helps finance the fun with a variety of loans for new and used boats. We offer competitive rates and terms that can make owning a boat more affordable than you think.

Apply

Boat loans from Central Bank feature:

  • Flexible financing options for new and used watercraft
  • Quick approvals and potential discounts for Central Bank checking customers
  • Low interest rates and repayment terms reflecting the longer lifespan of watercraft

What types of boat loans do you offer?

We offer dealer purchase loans, refinancing and lease buyouts for every type of vessel: from bass boats to wakeboard boats to cabin cruisers or yachts.

What are the terms of a boat loan – the same as a car?

Many boats have long lifespans, so accordingly, many boat loans have longer lifecycles. This makes them eligible for relatively low interest, low monthly payment terms.

Who is eligible to get a boat loan through Central Bank?

Applicants must be 18 years or older.

Can I be approved before I select a boat?

Sometimes, yes. In the instance of a dealer purchase loan, collateral information is not needed prior to a loan decision. In the instance of refinancing or lease buyouts, information (make/model, hours) will be needed.

Can I refinance my existing boat loan through Central Bank?

Yes. Central Bank can refinance.

Is there a required down payment?

Boat loan down payments are evaluated on a case-by-case basis.

Are there particular dealers through which I can purchase?

Central Bank does business with dealerships across central and northwestern Iowa. Just let your Central Bank representative know which dealer you would like to purchase from.

Bryan Johnson's Image

Bryan Johnson

Vice President, Regional Retail Manager | NMLS#651499

Location: West Des Moines Mills Civic Branch

Work Phone: (515) 222-1144

Chris Jenness's Image

Chris Jenness

Vice President, Mortgage Loan Officer | NMLS#493730

Location: Cherokee Main Office

Work Phone: (712) 225-2546

Dustin Pohlman's Image

Dustin Pohlman

Vice President, Regional Retail Manager

Location: Spirit Lake Main Office

Work Phone: (712) 336-4100

Nancy George's Image

Nancy George

Personal Banker II/Emerald Club Director

Location: Dakota Dunes Main Office

Work Phone: (605) 540-4333

Share

Share this on social media

  • Facebook
  • Email Us
Close

By clicking the social media icons you will be leaving the Central Bank website. We are not endorsing or guaranteeing the products, information or recommendations provided by the organizations linked to our website. We are not liable for any failure of products or services advertised on those sites. We are not responsible for the validity, collection, use or security of information by organizations that may be linked to our website. We encourage you to read the privacy policies of websites reached through the use of links from the Central Bank website.

You are now leaving Central Bank

You are leaving the Central Bank website. We are not endorsing or guaranteeing the products, information or recommendations provided by the organizations linked to our website. We are not liable for any failure of products or services advertised on those sites. We are not responsible for the validity, collection, use or security of information by organizations that may be linked to our website. We encourage you to read the privacy policies of websites reached through the use of links from the Central Bank website.

Would you like to continue?

Continue Cancel