Yacht broker Gary Fretz outlines the big sailboat loan process. We break down the costs and qualifications for a $250,000 sailing yacht. He says you should only deal with marine lenders and lists the ones that write loans on non-US documented vessels and vessels outside the USA. You need a 680+ FICO credit score, at least 20% down, and less than a 35% debt-to-income ratio. Gary Fretz mostly helps buyers looking for big sailing catamarans that are 5 years or less old. For a $250,000 boat you can expect a $900-$1000 monthly payment based on 20% down and fixed interest rates of 3.75 and 5.0 percent. The number of lenders and terms of boat loans for smaller and older boats are generally worse. He also talks about some of the tax and registration issues with foreign boats. He argues Caribbean sailing catamarans are typically 10-15% less expensive than US-based boats. It costs about $2.50 per mile to have a boat delivered. We break out the secrets to getting the best sailing catamaran for a great price and maximizing your resale value. Many top vloggers such as Sailing La Vagabonde and Sailing Zatara are selling their monohulls to buy a catamar Gary Fretz has been a yacht broker for 30 years. He helped Jessica and Ryan Adventures buy their sailing catamaran and he can help you too. Once you live aboard space becomes so important and cats have more space! Seasonal and Regional Factors are crucial in price you pay for a cat. Gary Fretz gives a way all his secrets if you e-mail him at BigYachts {at} gmail [dot] com Gary Fretz is the Yachts International, Founder and CEO Licensed and Bonded Yacht and Ship Broker (since 1989) Member: International Yacht Brokers Association LargeCatamaransForSale.com Castle Harbor Boating School, Inc. (Owner) America's Oldest Sailing School (since 1949) Yacht Charters/Boating School/Club/Rentals CastleHarbor.com and Castle Harbor Boating School.com Essex offers a daily snapshot of the boat loans. They are not a sponsor and terms and conditions to all loans apply. This is not investment advice or an offer for credit. We sail here at Slow Boat Sailing and don't offer credit. https://www.essexcredit.com/home/boat/rates/ Subscribe to get season 2 in the crossing the Pacific and sail the Marquesas, Fakarava, and Tahiti. Linus Wilson is the host of the Slow Boat Sailing Podcast that has interviewed White Spot Pirates, Sailing Doodles, and Sailing SV Delos among many others. We use a Mantus Anchor and swivel on our boat. Get all your Mantus gear at http://www.mantusanchors.com/?affiliates=15 Mantus Anchors and SailTimer Wind Instrument (TM) are corporate sponsors of this video. Support us at www.Patreon.com/slowboatsailing Slow Boat to the Bahamas https://www.amazon.com/dp/B018OUI1Q2/ Slow Boat to Cuba https://www.amazon.com/dp/B01MFFX9AG and How to Sail Around the World-Part Time https://www.amazon.com/dp/B01B0OFYNW/ have been #1 sailing bestseller on Amazon. Associate Producer, Anders Colbenson Sign up for our free newsletter for access to free books and other promotions at www.slowboatsailing.com music by www.BenSound.com Copyright Linus Wilson, Vermilion Advisory Services, 2018