Marine Loan Fixed Rates

Loan Amount Maximum Loan Term Vessel Length Client Annual Percentage Rate1
$75,000 - $4,000,000 240 Months 25 feet or longer 4.75% APR
$54,601 - $74,999 180 Months 25 feet or longer 4.99% APR
$25,000 - $54,600 180 Months2 25 feet or longer 5.99% APR

3-Year Fixed Adjustable Rate Program

$100,000-$4,000,000 Fixed for 3 years at 3.49% APR then adjusts to WSJ prime rate + .50%. Amortized over 240 months. Prepayment penalty 1.50% for first 12 months.

Monthly Variable Rate Loan Program
(Rate changes monthly - no rate lock)

$100,000-$4,000,000 Amortized over 240 months. Prepayment penalty 1.50% for first 12 months. Rate adjusts monthly to 1 Month LIBOR + 350 bps. The rate for May. 2016 is: 3.94% APR.

For Small Boat Loan rates, call 800.279.4824.

Important Information

1Your actual rate may vary based on a number of factors, including loan term. Available rates may change without notice. Property insurance required. Loan approval and final terms are subject to review of your credit history, income and other factors. Rates effective 05/02/2016.

2Payment Example: A borrower financing $25,000 after a down payment of 15% at an Annual Percentage Rate of 5.99% would make 180 monthly payments of $210.82

SunTrust Marine Lending offers marine loans throughout the U.S. with exceptions to the following states: Hawaii and Vermont.

SunTrust Small Boat Loans are available in AL, AR, FL, GA, MD, MS, NC, SC, TN, VA, WV and DC.

Contact Us

To reach a SunTrust representative:

  • 800.797.2628
  • Marine Lending Specialist
  • 800.SUNTRUST
  • Existing Marine Loans
  • 800.279.4824
  • Small Boat Loan Applications
  • Email us
  • Chat now

Investment and Insurance Products:

  • Are Not FDIC or any other Government Agency Insured
  • Are Not Bank Guaranteed
  • May Lose Value

© 2016 SunTrust Banks, Inc.

Equal Housing SunTrust Bank is an Equal Housing Lender. Member FDIC.

Equal Housing Equal Housing Lender. SunTrust Mortgage, Inc.

SunTrust, SunTrust Mortgage, SunTrust PortfolioView, SunTrust Robinson Humphrey, SunTrust Premier Program, AMC Pinnacle, AMC Premier, Access 3, Signature Advantage Brokerage, Custom Choice Loan and SunTrust SummitView are federally registered service marks of SunTrust Banks, Inc. All other trademarks are the property of their respective owners.

Services provided by the following affiliates of SunTrust Banks, Inc.: Banking and trust products, including investment advisory products and services, are provided by SunTrust Bank, member FDIC; securities, insurance (including annuities), and other investment products and services are provided by SunTrust Investment Services, Inc.; investment advisory products and services are offered by SunTrust Investment Services, Inc.; mortgage products and services are provided by SunTrust Mortgage, Inc.

SunTrust Mortgage, Inc. - NMLS #2915, 901 Semmes Avenue, Richmond, VA 23224, toll free 1-800-634-7928 CA: licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act, IL: Illinois Residential Mortgage Licensee #MB-989, Department of Financial and Professional Regulation, 100 W. Randolph, Suite 900, Chicago, IL 60601, (312) 793-1490, MA: Mortgage Lender license #-ML-2915, NH: licensed by the New Hampshire Banking Department, NJ: Mortgage Banker License - New Jersey Department of Banking and Insurance, and RI: Rhode Island Licensed Lender.

"SunTrust Advisors" may be officers and/or associated persons of the following affiliates of SunTrust Banks, Inc.: SunTrust Bank, our commercial bank, which provides banking, trust and asset management services; SunTrust Investment Services, Inc., an SEC registered investment adviser and broker-dealer, which is a member of FINRA and SIPC, and a licensed insurance agency, and which provides securities, annuities and life insurance products, and other investment services.

SunTrust Private Wealth Management, International Wealth Management, Business Owner Specialty Group, Sports and Entertainment Group, and Legal and Medical Specialty Groups are marketing names used by SunTrust Banks, Inc. and SunTrust Investment Services, Inc.

SunTrust Robinson Humphrey is the trade name for the corporate and investment banking services of SunTrust Banks, Inc. and its subsidiaries, including SunTrust Robinson Humphrey, Inc., member FINRA and SIPC.