Boat loan refinance | Apply online

Today’s lowest boat loan refinance rate²

As low as

X.XX% APR

To qualify for the lowest rate, the loan must include:

A term of 48 months or less
A loan for $25,000 or more
Financing of 100% or less of the car’s value
A boat that is 12 months old or less
Automatic payments from a U.S. Bank personal checking or savings account

Should I refinance my boat loan?

Depending on your unique situation, your reason to refinance may vary. Here are a few reasons why many people choose a boat loan refinance.

Lower your interest rate

If you qualify for a lower interest rate, you could save money over the remaining duration of your boat loan.

Lower your monthly payment

Refinancing could help you reduce your payment to better fit your monthly budget.

Pay your loan off sooner

Your monthly payment may increase, but you’ll make fewer payments overall and may pay less interest in the long term.

How does boat loan refinancing work?

If you’re looking for a new boat lender, you could have a decision in just a few days when you apply for a U.S. Bank boat loan refinance. We don’t offer boat refinancing in all states.¹

Prepare

Gather a few things before you start:

Current loan balance, account number and lien holder
Boat identification number (BIN)
Insurance provider information
Boat registration

Apply

Fill out our easy online application (or visit a nearby U.S. Bank branch for help). We’ll give you our decision within 3 to 5 business days. If we don’t accept your initial application, we may respond with a counteroffer you can consider.

Finalize

When you’re approved, grab your insurance and registration documents and stop by your local U.S. Bank branch. A loan officer will help you finalize the details and set up payments. Then, we’ll pay off your existing loan and update the title.

Apply now

Thinking about selling your boat?

Easily request and receive the best offers on your boat from participating local dealerships. Just tell us about your boat’s hours, history, condition and any special equipment. In just minutes, we’ll show you who’s ready to buy it today.

Request offers