Features of a Boat Loan:
  • Simple loan application
  • Low fixed rates
  • A variety of terms available on new and used boats
  • Up to 0.50% rate reduction for qualified customers1
  • $25 off the origination fee on personal loan with any Flagstar checking account2

Contact your local branch for details and rates.

1Set up automatic payments from your Flagstar checking account, and we'll reduce your boat loan rate by 0.25% at closing. Receive rate reduction of 0.25% by maintaining any Flagstar personal deposit account.

2$100 origination fee; Interest-bearing checking account holders receive a discount of $25 off the origination fee.

Fair Lending Statement

We look forward to helping you with your boat financing. Here's what you need to qualify:

  • Be 18 years or older
  • Be a U.S. citizen or permanent resident alien
  • Open to Michigan residents only

Non-individual borrowers are not eligible. Other underwriting conditions may apply.

Call or visit any Flagstar branch today to start the application process.

Fair Lending Statement

Boat Loans

Frequently Asked Questions about Boat Loans

Whether you're purchasing a new or used boat, or looking to refinance your existing loan, Flagstar can help. Check out the questions and answers below to learn more about boat financing.

How can I apply for a Flagstar boat loan?

What is my boat worth?

What type of boat may I purchase with a Flagstar boat loan?

May I refinance my current boat loan?

What do I need to apply for my boat loan?

How do I close my boat loan?

How quickly will my new loan be funded?

What is Flagstar Bank's privacy policy?

  • (888) 248-6423