• Some Good Floating Homes Financing Rates Just Out There

    Financing For Houseboats Update: Seattle Floating Homes Financing Just Got More Attractive!

    Gary Olson at Banner Bank sent me his latest rates which are extremely attractive for Seattle floating homes financing! Rates include discounts from autopay from a Banner’s Best Checking Account. Feel free and contact Gary – He has worked very hard for me and I appreciate his thoughtfulness and expertise.

    Here are some of the details for Banner Bank’s Seattle floating homes financing from Gary Olson:

    • 25 year amortization
    • 7 year term
    • 5.99% interest rate (6.49% standard rate)
    • 1.00% loan fee
    • Borrower to pay all closing costs
    • Maximum LTV-75%
    • Rates are subject to change without notice. Please contact me for updated rates.

    Keep in mind that this financing is for floating homes only. Not all Seattle houseboats are floating homes. Seattle houseboats is the general term which covers Seattle floating homes, vessels, and barges. Vessels and barges are a different animal for financing often requiring a boat loan although there is at least one other option that recently became available in financing vessels.

    Contact info for Gary Olson at Banner Bank: 206-709-8314 You can also get in touch with us via email and we can help direct you to the correct person if you have other Seattle houseboats needs: homes@SeattleAfloat.com

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