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Boat Loans in Oklahoma

Affordable Boat Financing for Smooth Sailing

If you are looking to finance your boat, motor, and trailer with one simple loan, Allegiance can help!

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Start Your Boat Loan Application Today

Boat Loan Rates

Term
APR* (as low as)
APR* (as high as)
Up to 72 months
7.49%
17.99%
73-84 months
7.74%
17.99%
85-120 months
9.24%
13.74%
121-144 months
10.49%
14.74%
Effective Date June 12, 2023

Boat Loan Rates

Term
APR* (as low as)
APR* (as high as)
Up to 72 months
8.49%
17.99%
73-84 months
8.74%
17.99%
85-120 months
10.49%
14.74%
121-144 months
11.99%
15.74%
Effective Date June 12, 2023

*APR = Annual Percentage Rate. As low as rate includes 0.25% discount for automatic payments.

Get On The Water Faster

Boat Loan Benefits

At Allegiance Credit Union, we believe in making the boat financing process smooth, straightforward, and tailored just for you. Whether you're shopping for your first boat, upgrading to something bigger, or looking to refinance, our Oklahoma-based team is here to help every step of the way!

Product Features_Boat

DISCOUNTED RATES

Get 0.25% off your quoted rate when you sign up for automatic payments!

ONLINE APP

Can't make it to the branch? No problem. Apply for financing without ever stepping foot in a branch.

LOCAL LENDERS

Our loan officers live and work in the Oklahoma City area, just like you. 

ELECTRONIC CLOSING

Sign and close remotely, to get out on the water faster.

Get $250 When You Finance Your Boat Loan

Enjoy an extra $250* when you finance a new Boat Loan or refinance a loan from another institution with us! Fill out our quick form to claim your coupon!

New Website Allegiance Coupon (600 x 400 px) (5)

*Loan subject to approval. Minimum loan amount $20,000. Must mention coupon to loan officer. $250 cash bonus will be deposited into member’s account at the time of closing. Does not apply to internal refinances. Promotion starts January 22, 2024 and may expire at any time without notice.

Calculate Your Boat Loan Payment

Boat Loan Calculator

Shopping for a speedboat, sailboat, or pontoon boat in Oklahoma? Or maybe you're thinking about refinancing your current Boat Loan. Use our Boat Loan Calculator to crunch the numbers—adjust loan amounts, interest rates, and terms to find a payment that fits your budget.

*Your actual term and payment will be provided upon acceptance of an Allegiance Credit Union loan. This calculator is for informational purposes only and its use does not guarantee an extension of credit.

Calculator
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Anchor Your Budget with a Pre-Approval

Get Pre-Approved For Your Boat Loan

Kickstart your boat-buying journey with a pre-approval from Allegiance Credit Union. Getting pre-approved for a Boat Loan helps you shop with confidence knowing your budget before you even visit the dealer or browse listings.

Get pre-approved today, and hit the water with confidence!

 

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Boat Loan & Boat Financing Upgrades

Gain financial security and extra assurance that you and your finances are covered from life’s unexpected turns with affordable Boat Loan protection options from Allegiance Credit Union.

What Is GAP Insurance?

If you’re purchasing a new boat you might want to consider Guaranteed Asset Protection (GAP) Coverage. This optional coverage helps pay off your Boat Loan if your watercraft is totaled or stolen and you owe more than your boat is worth.

Another huge benefit is that if you use our coverage, the GAP company will pay $1,000 towards your next loan financed through Allegiance Credit Union.

Coverage Options

Payment Protection

Add peace of mind to your loan with Payment Protection from Allegiance Credit Union. This optional coverage helps safeguard your payments in the event of unexpected life changes, like disability, unemployment, or loss of life. It’s available for a low monthly premium that is conveniently added to your loan.

Coverage kicks in when you need it most, helping to protect your credit and ease financial stress. With Payment Protection, you can focus on recovery, not repayment.

Coverage Options

Customized Boat Insurance

In partnership with MemberHaven Insurance, we offer customizable coverage that meets all state requirements and can be bundled with other policies for additional savings. Already have coverage? It is recommended that you have your policy reviewed on a yearly basis.

No matter what type of coverage you are looking for, our tailored solutions ensure your family is covered. Enjoy the waterway confidently, knowing you have the right insurance at a competitive price. 

Coverage Options

  • What Is GAP Insurance?

    If you’re purchasing a new boat you might want to consider Guaranteed Asset Protection (GAP) Coverage. This optional coverage helps pay off your Boat Loan if your watercraft is totaled or stolen and you owe more than your boat is worth.

    Another huge benefit is that if you use our coverage, the GAP company will pay $1,000 towards your next loan financed through Allegiance Credit Union.

    Coverage Options

What Is GAP Insurance?

If you’re purchasing a new boat you might want to consider Guaranteed Asset Protection (GAP) Coverage. This optional coverage helps pay off your Boat Loan if your watercraft is totaled or stolen and you owe more than your boat is worth.

Another huge benefit is that if you use our coverage, the GAP company will pay $1,000 towards your next loan financed through Allegiance Credit Union.

Coverage Options
smiling-young-man-wheel-boat

Zero Down, All Aboard

Boat Loan Financing Simplified

At Allegiance, we believe in making the boat financing process smooth, straightforward, and tailored just for you.

With our affordable boat loan options, you can finance everything you need—all in one easy application:

  • Boat – Find the perfect one for your lifestyle.
  • Motor – Outboard or inboard motor? It's covered.
  • Trailer – Include the cost of a trailer to get you from your driveway to the dock.

Ready to hit the water? We’ll help you get there faster.

Apply Now
Download Your Free Copy!

If You Need A Budget, Look No Further

Explore how our monthly budget template can help you take the first step toward saving for the boat you've always wanted!

If You Need a Budget Look No Further by Allegiance Cover Art
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Set a New Course By Refinancing

Can You Refinance A Boat Loan In OKC?

Yes, you can refinance your Boat Loan in the Oklahoma City metro area with Allegiance Credit Union.

Refinancing your Boat Loan can help you:

  • Secure A Lower Interest Rate
  • Reduce Your Monthly Payments
  • Shorten Your Loan Term

Whether you're looking to save money or change your loan structure, Allegiance offers competitive Boat Loan rates and flexible options for members!

Apply Now

Meet Your Boat Loan Team

taylor-mccarroll-headshot

Micheala Goines

Mortgage Loan Officer
NMLS #1663406
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Taylor McCarroll

Mortgage Loan Officer
NMLS #2484009
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Chrissy Wood

Mortgage Loan Officer
NMLS #470059

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Frequently Asked Boat Loan Questions

Do I need to get pre-approved before I buy my boat?

It’s not required, but suggested so that you’ll have extra bargaining power when it comes to the negotiations, and to help streamline the buying process. Knowing how much you’re approved for ahead of time also helps you stick within your budget.

Do you finance Boat Loans outside of Oklahoma?

Yes, as long as you are an Allegiance member or qualify for membership, we will be happy to help you purchase a boat located in a state outside of Oklahoma.

Do you offer 100% financing on Boat Loans?

Yes, Allegiance offers 100% financing on Boat Loans. Please contact us for specific details to see if your boat qualifies.