Get on the water without capsizing your budget with a First Federal boat loan. Our low rates and flexible terms make fun more affordable.
Whether you have your eye on a shiny, new vessel or prefer a pre-owned option, we have the financing to meet your needs. Get pre-approved for extra bargaining power at the dealership. We’ll even lower your rate just for setting up automatic payments — making it easier to add all those upgrades.
- Competitively low rates on new or used boats
- Variety of terms available up to 10 years
- Pre-approval available for extra bargaining power
- 0.25% rate reduction with Auto Pay
- Financing available whether you buy from a dealership or an individual
- Local Northeast Ohio decision-making and processing
- Attentive, friendly service from start to finish
This free, automated service not only makes loan payments easier than ever, it actually reduces your loan expense:
- Loan payment automatically deducted from First Federal checking or savings account
- Interest reduced by quarter-percent*
- Reduced interest reduces your monthly payment
- You select the payment date**
- Free and convenient
- Assured payment protects your credit rating as long as there are available funds in the First Federal deposit account
*0.25% rate reduction only available at loan origination on auto, boat, recreational vehicle, personal unsecured loan, and home equity fixed rate mortgages with an automatic deduction from a First Federal deposit account. Consult your Financial Service Representative and/or Lender for more information.
**From the payment date up to the last day of the grace period.