Boat Loan Application

Applicant Details

US Citizen (*)YesNo

Full Name (*)

Social Security Number (*)

Date of Birth (*)

Home Address (*)

City (*)

State (*)

Zip (*)

Own or Rent (*) OwnRent

Monthly Payment ($) (*)

# Years Owned or Rented (*)

Phone (*)

Email (*)

Cell Phone

Previous Address (if at present address for less than 2 years)

Nearest Relative

Nearest Relative Phone

Applicant Employment Details

Are You Self-Employed (*) YesNo

Present Employer Name (*)

Business Type (*)

Present Employer Phone (*)

Length of Employment (*)

Position Held (*)

Annual Salary ($) (*)

Supervisor

Previous Employer (if less than 2 years at current job)

Company Name

Length of Employment

Other Income Sources (total annual amount)

(Income from alimony, child support or maintenance payments need not be revealed)

Description

Annual Amount ($)

Co-Applicant Details

US CitizenYesNo

Full Name

Social Security Number

Date of Birth

Home Address

City

State

Zip

Own or Rent OwnRent

Monthly Payment ($)

# Years Owned or Rented

Phone

Email

Cell Phone

Previous Address (if at present address for less than 2 years)

Nearest Relative

Nearest Relative Phone

Co-Applicant Employment Details

Are You Self-Employed YesNo

Present Employer Name

Business Type

Present Employer Phone

Length of Employment

Position Held

Annual Salary ($)

Supervisor

Previous Employer (if less than 2 years at current job)

Company Name

Length of Employment

Other Income Sources (total annual amount)

(Income from alimony, child support or maintenance payments need not be revealed)

Description

Annual Amount ($)

Personal Financial Statement

Assets

Total Cash on Hand and in Banks ($) (*)

Deposit Already on Boat Being Purchased (if applicable) ($) (*)

Total Retirement Accounts

($) (*)

Total Non-Retirement Investment Accounts

($) (*)

Life Insurance

Cash Surrender Value ($) (*)

Real Estate

Market Value ($) of Residence (*)

Market Value of All Other Owned Real Estate (*)

Other Assets

Total Value of Automobiles Owned ($) (*)

Total Value of Boats Owned ($) (*)

Total Value of All Other Assets Owned ($) (*)

Total Assets ($) (*)

Liabilities

Total Balances on Credit Cards ($) (*)

Total Balances on Mortgage & Home Equities($) (*)

Total Balances on Auto/Boat Loans ($) (*)

Total Balance for All Other Liabilities ($) (*)

Total Liabilities ($) (*)

Net Worth

Net Worth ($) (*)

Other Information & Attachments

Were you ever bankrupt? (*) YesNo

If yes, year

Where

Are there any judgments, tax liens, or legal proceedings against you? (*) YesNo

If yes, explain

I/We make this statement of all my/our assets and liabilities and other material information for the purpose of obtaining credit with you. I/We certify that the information provided in the Personal Financial Statement and OceanPoint Marine Lending Application for Applied Credit is true and correct and may be relied upon by you. I/We agree to promptly notify you of any material change concerning the information provided herein.

I/We hereby authorize OceanPoint Marine Lending and any associated financial institution to investigate the undersigned credit worthiness and credit capacity in connection with the establishment, maintenance and collection of Buyer(s) accounts and to furnish information concerning the Buyer(s) and the Buyer(s) accounts to credit reporting agencies.

Note
Any financial institution or financial company to which Applicant and/or Co-Applicant (or Seller or broker on behalf of Applicant) may apply for financing on the Boat described above is hereby authorized to investigate the credit history of Applicant and/or Co-Applicant.

In connection with this credit application or any subsequent credit update or credit renewal, any proposed credit-granting party (creditor) may request a consumer report concerning the Applicant and/or Co-Applicant. The Applicant and/or Co-Applicant may ask whether the creditor obtained such a consumer report. If such report has been obtained, the Applicant and/or Co-Applicant may request the name and address of the consumer reporting agency which provided the consumer report to the creditor.

YOU MAY BE ASKED TO PROVIDE: (1) 2 YEARS OF 1040 FEDERAL INCOME TAX RETURNS WITH SUPPORTING SCHEDULES. (2) 2 YEARS CORPORATE TAX RETURNS IF SELF-EMPLOYED. (3) COPY OF BOAT PURCHASE AGREEMENT. (4) ANY DOCUMENTS OR STATEMENTS EXPLAINING A UNIQUE OR SPECIAL SITUATION.

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT — To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.