$100 origination fee.
Flagstar Boat Loan is a fixed-rate loan with varied repayment terms dependent upon loan type. Actual annual percentage rate (APR) calculation will vary based on borrower credit qualification, rates in effect at the time of consummation, loan amount, and other factors and may be higher than the lowest rate/APR available. Interest rate discount of 0.25% available with monthly automatic payment (ACH) established and elected at the time of application, to be paid from a borrower's Flagstar Bank Deposit Account. Current APR is subject to change prior to consummation. A processing fee of $100 is required and may be deducted from loan proceeds. Borrower will make monthly principal and interest payments. Not a commitment to lend. Programs available only to qualified borrowers. Subject to credit approval, underwriting approval, and lender terms and conditions. Rates and programs subject to change without notice. Some restrictions may apply.