If you are considering buying a new boat or you already have a boat loan with another financial institution, we would love to talk with you.
Our love of boats and the boating lifestyle is reflected in our interest rates, which can make a big difference on your monthly boat payment. When accounting for all the expenses of owning a boat, SMCU can help ensure you get to spend as much time on the water by giving you piece of mind that you are getting the best deal.
Innovative loan features like Anytime Skip-A-Pay, GAP coverage, and Debt Protection and no origination fees make SMCU's Boat Loans among the best on the water.
It’s quick and easy to apply online. You’ll usually have an answer in just a few minutes. Once your loan is approved, you can sign your loan documents electronically from the deck of your boat and be on your way to navigating the Cut, anchoring in Andrews Bay, fishing the Sound, or hitting the course on Lake Sammamish. With SMCU we make it easy to get on the water, so you can make those memories that as boaters we all cherish.
If you live or work in the state of Washington, you are eligible to borrow from Seattle Metropolitan Credit Union. For over 80 years we've been helping our community members finance their most important purchases.
Unexpected events, like an illness or emergency, can wreak havoc on your short-term finances. When you borrow from SMCU, you have access to special products designed to help you weather the storm.
SMCU’s innovative Anytime Skip-A-Pay program allows you to skip up to two loan payments every twelve months with the payment of a small processing fee. Anytime Skip-A-Pay gives you the flexibility to deal with unforeseen expenses like home repairs or unusually large credit card bills without causing any damage to your credit score.
When you get sick or lose your job, monthly bills can pile up quickly. When you add SMCU’s Debt Protection to your loans, you get peace of mind knowing that your loan payments are covered while you get back on your feet. You can finance the cost of coverage into your loan for just a few dollars each month.
Mechanical Breakdown Protection (MBP)
MBP, also known as Extended Warranty, can cover repairs and unexpected mechanical breakdowns and enhances existing manufacturer’s warranties. MBP can come in handy when you purchase a new or used car. All of SMCU’s MBP plans come with roadside assistance, rental car allowance, paintless dent repair, and windshield repair. Zero deductible plans are available.
If you are in an accident in which your car is totaled, a GAP policy will usually pay the difference between what you owe on the loan and what the insurance company says the car is worth. GAP is particularly valuable when you buy a brand new car, as they depreciate most quickly in the first year of ownership and could leave you with a sizable bill in the event of a crash.
If you are buying a boat from a private seller in Washington State, SMCU should be your first stop. We've been financing private-party sales for years. We have trained loan representatives who can guide you through every step of the process to make sure you get the deal you want with no surprises.
To make things even easier, we'll cut a check directly to the seller, so they have the peace of mind of receiving their money promptly.
Getting your loan at SMCU could not be more simple. There are three easy ways to apply:
Call our specially-trained loan experts, who are happy to answer any questions you might have. They can take your application and get you a decision while you wait, in most cases. Call 855-575-9352 to get started.
Stop by any of our convenient branches to talk with our helpful, friendly branch representatives. They can help you figure out which loan is right for you and get you a decision fast.
If you want to learn more about any of our products, services, or about becoming an SMCU member, stop by a branch, give us a call at (206) 398-5500 or toll-free at (800) 334-2489, or simply enter your email address below and we’ll contact you.