I am told that given the covid issues and travel restrictions banks are opting out of financing moveable assets in foreign countries. The first indications were rates moving up when all other rates were dropping. The same companies that due Marine loans also tend to do RV loans. They are swamped with RV loans and don’t need the Marine loans. A Heloc is my backup plan. Be aware that many banks or financial institutions are also refusing to write new Helocs. USAA is a example. I am told if I state the boat will be in limited charter only there are a couple of options however that requires lying to get the loan. I am not going that route.