Catamaran Financing w/Noelle Norvell - Part 1

I finally got the opportunity to sit-down with President of the Luxury Financial Group, Noelle Norvell. She answered a ton of questions I had on catamaran lending, and offered some really good insight. I can't wait to put together part II in a couple of weeks.


See the list of questions below, and where you can find them in the video:

I’ve heard people say, “If you have to finance your purchase, you can’t afford it.” Is that true, and what are some good reasons to finance over pay cash? 3:07

Can you help non-US Citizens finance a catamaran purchase? 6:28

What is the best way to approach towards retirement when financing a catamaran purchase? 10:56

Why don’t lenders like liveaboards? 12:19

Do you have to own real estate to finance a catamaran purchase? 12:56

What are lenders looking for in a credit score to qualify for a loan? 15:00

What type of debt to income ratio are lenders looking for? 17.57

What kind of length of loan term are we looking at? 20:44

How old of a boat can you get a loan on? 21:36

Can you finance the cost of a refit or upgrades in the purchase price? 23:54

What does the purchase process look like from a financing standpoint? 25:52

There are a ton more questions for Noelle to answer in part II. In the meantime if you'd like any information on marine lending from Noelle please don't hesitate to reach out to her, and mention this video.

Noelle's contact details are below:

Noelle Norvell
Luxury Financial Group
909 East Las Olas Blvd.
Fort Lauderdale, FL 33301
Office: (954) 332-9864
[email protected]

For more information on purchasing your catamaran please don't hesitate to reach out.

Wiley Sharp
561 613 8985
[email protected]