With more than 10,000 lakes to explore, it’s no wonder that many Minnesotans dream of having a boat of their own. If this is the year your dream becomes reality, Lake Region Bank has your boat financing covered. When it is time to purchase your pontoon, fishing boat, ski boat, or other vessel, get in touch with Lake Region Bank.

Boat Financing with a Personal Loan

A personal loan can be used to purchase all sorts of equipment, including boats. Personal loans from Lake Region Bank offer flexible repayment plans and an electronic loan application process as well as the friendly, personal service you expect from us. A personal loan may be the boat financing solution you’re looking for.

Interest rates for Lake Region Bank personal loans vary day by day. Your credit score and whether or not you’re a current customer of ours can also affect your rate. If you are a customer, you can lower your interest rate by setting up automatic payment transfers from your checking or savings account into your loan account. It’s easy, and our bankers can show you how it works. We want to make it efficient for you to purchase your new boat so you can get out on the water faster.

If you think a personal loan is the best solution for you, get in touch with one our personal bankers today. Our expert team can explain how the loan application process works and share our interest rates with you. Call 320-235-5900 or fill out our interest form to get started.

Finance Your Boat Purchase with a HELOC

If you own your home, a home equity line of credit (HELOC) could be a boat financing solution for you. A HELOC is separate from your primary mortgage and has its own terms. You will make a monthly payment toward the loan on a payment schedule.

Like personal loan rates, interest rates on HELOCs vary day by day. A Lake Region home lender can help you understand this option and decide if it’s the right one for your boat purchase. Call 320-235-5900 or fill out our interest form to get started.

Start the Loan Process

Whether you’re on the hunt for a new fishing boat, pontoon, ski boat, or other watercraft, Lake Region Bank can help you purchase your big new toy and get out on the lake. It all starts with a conversation with one of our friendly and knowledgeable team members. You can call 320-235-5900 or fill out our interest form to learn more and get started on the loan process.