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Boat Loans Ready to set sail? Cast off with us and Go Beyond.

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  • We’ll Help You Head Out on the Open Water

    The only thing better than a reliable first mate is a trustworthy lender. With an affordable SeaWest boat loan, you can rest assured that your investment is in reliable hands.

    SeaWest offers great rates, no prepayment penalties, and no down payments (with credit approval).

    And we don’t stop with the loan⁠. We’ll also help you out with any taxes, licenses, and warranties. All this because SeaWest understands you and we know that it isn’t just about the boat. It’s about the salt air in your face, the rocking of the water, the connection with something bigger. It’s about a way of life.

    • Great Rates
    • Finance 80-100% of the purchase price
    • Pay for licenses, taxes, and warranties
    • Mechanical breakdown protection and GAP insurance available

    Get Pre-Approved in Minutes 

    When you finance with SeaWest, you can get pre-approved quickly and shop for your boat with confidence. Dealers take pre-approvals seriously so you can take control of the sale and negotiate a deal.

    Keep Your Vessel Seaworthy

    Adding guaranteed asset protection (GAP) and mechanical breakdown coverage to your boat loan can protect you from life’s unexpected events.

    For just a few dollars a month, you’ll be covered no matter what life throws your way.

    We believe in making things as affordable and convenient for you as possible. That’s why we offer you a variety of products and services like these when you take out a boat loan with us.

    How Much Will Your Boat Payment Be?

    With our boat loan calculator, you simply enter different desired loan amounts, loan terms, and annual percentage rate to get an idea of what your monthly payments might be. 

    Keep in mind, actual loans are subject to credit approval, and rate eligibility will depend on credit score and history.

    Get Out There

    Loan Amount
    Term (Months)
    Term (Months)


    We’re Here to Help!

    SeaWest has members, not customers or account holders. You’re not simply a number on a spreadsheet to us. That’s because we take the time to get to know your financial situation and to understand your goals. Then, we help you plan accordingly for a better future for yourself and the people who matter most to you.


    “I love SeaWest Coast Guard Federal Credit Union because of their continuous

    support to our Coast Guard members. I know they are there for US.”

    – Richard P.

    SeaWest Puts the Wind at Your Back

    It’s our privilege to help you get the lowest rates and best terms possible. If you want to get on the water, we’re here to help. To get started, fill out this fast and convenient online application.

    Apply Now
  • Boat Loan Rates

    DescriptionBest RateTerm*Apply
    New Boat8.20%*36 Months Other rates and terms availableApply Now
    Used Boat8.70%*36 Months Other rates and terms availableApply Now

    *APR = Annual Percentage Rate. Rates quoted above are for the lowest possible rate available, which assumes excellent borrower credit history and the shortest term available for that loan program and includes a 0.25% rate reduction for direct deposit to a SeaWest checking account and automatic loan payments. Discounts cannot be stacked. Rates vary with term. Your actual APR will be determined at the time of disbursement and will be based on your application including loan amount and term, and credit information.

    Rates are subject to change without notice.

  • Frequently Asked Questions

    SeaWest membership is open to men and women who are either in-service to our country or have been in service and are:

    • Active Duty- any branch of service
    • Retired- any branch of service
    • Auxiliary- any branch of service
    • Honorably discharged veteran- any branch of service

    Membership is also open to US Coast Guard civilian employees.

    Navy League of the United States members and Department of Homeland Security employees in the states of Arizona, Nevada, Utah, and California are also eligible to join.

    Finally, SeaWest membership is available to immediate family members and domestic partners of all of these eligible groups.

    SeaWest has various branch locations, and our members are also eligible to bank at our shared branches.

    SeaWest members also have access to shared ATMs around the world!

    Late payments are charged an additional 5% of the original payment amount.

    We’ve partnered with TruStage to offer our members a variety of options in Life Insurance, Auto Insurance, and Home Insurance. TruStage offers insurance through many of the nationally recognized brands, like Liberty Mutual.

    SeaWest recognizes and honors the service and sacrifice of every branch of service and its members. That’s why we’re proud to offer active duty service members and veterans free checking accounts.

    These special accounts come with no minimum balance or monthly fees (non-sufficient funds fees do apply), along with 1 box of personalized checks, and 4 free monthly transactions at out-of-network ATMs.  All SeaWest members are eligible to apply for our basic checking and Beacon checking accounts, as well as IRAs, certificates, savings accounts, and youth checking and savings accounts.

    We also offer a 0.25% rate discount on certain consumer loans to new SeaWest members who are active duty Coast Guard or other US Military service. Existing members can also get a 0.25% discount with a direct deposit SeaWest checking account.

    SeaWest knows that service members value trust and loyalty. It’s a trust we take seriously, so we have invested in top-of-the-line security features with you and your protection and security in mind.


    That’s why we’ve partnered with AT&T and Microsoft so we can provide secure software and encryption, 24 hours a day, 7 days a week. This $1 million investment in IT infrastructure, together with National Credit Union Administration (NCUA) account insurance, helps to keep you, your identity, and your money as secure as possible.

    Friendly, knowledgeable SeaWest staff are available to answer all of your questions. They can work with you to help you make the right choices for you and your personal circumstances.

    Email us at and let’s start a conversation!

    SeaWest offers financing in a variety of ways: loans, lines of credit, and credit cards. Whether you have excellent credit, good credit, bad credit, or are working to build credit, we will work with you to help you find the right financing option for you, and to get the lowest rates possible.

    Often, credit unions are able to offer financing to borrowers who would not otherwise be able to take out a loan at a traditional commercial bank. As not-for-profit organizations, they’re also often able to offer lower interest rates on everything from auto loans to personal loans, and more.

    Not sure what type of loan or borrowing you’re eligible for? We’ll help you review your credit profile and talk about options.

    Our Online and Mobile banking tools let you set up scheduled, automatically-drafted loan payments from your checking or savings account.

    Online banking comes with a variety of benefits. You can contact us via secure email, review your payment history, and manage payments. Most importantly, you’ll avoid missing or being late on a payment, negatively impacting your credit score!

    You’ll also enjoy access to free E-Statements and account alerts with Online and Mobile banking.

Boat Loans Disclosures
These are the product disclosures. This will include any legal jargon that will be required to be displayed by your Credit Union.
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