Charting a Course to Financial Stability: NVDC Satisfaction of Mortgage

Are you in the process of getting a vessel but aren’t sure how you’re going to afford it? Do you want to get a mortgage on your vessel yet are concerned about everything that it will entail? Getting “the right vessel for your needs” certainly includes “financial needs” too. A mortgage can absolutely make things easier on you, today as well as into the future. As with all other forms of vessel documentation, you can take care of it quickly and easily at our site. 

Step One: Vessel Documentation 

To be able to take advantage of vessel financing, you almost invariably have to get a mortgage. For decades, just about any bank or lender won’t provide financing unless your vessel is already documented. You actually can’t apply for a NVDC Preferred Ship’s Mortgage unless your vessel is documented.  This may sound a bit intimidating, but the truth is that it’s easy to get done. All you have to do is to go through our site. You can even choose to renew your vessel’s documentation for years if you would like. 

Preferred Ship’s Mortgage 

You can find the form for this at our site. For the mortgage form itself, there are some things that you’re going to want to keep in mind. For example, it should have a signature by (or on behalf) of the vessel owner (or owners) that’s also been acknowledged by a notary public. It should cover the entire vessel, cite a definite amount, and include the addresses of the mortgagee as well as the mortgagor.  One last thing: you’re going to want to identify the vessel by name, official number and/or hull number, too. We understand how confusing this can be, which is why we have a staff on hand to answer any questions you might have. 

The NVDC Satisfaction of Mortgage 

The day that you pay off your mortgage can be satisfying indeed. When that’s the case, we have just the form for you. This form can be necessary, as the mortgagee does not want to be subject to a civil penalty of up to ten thousand dollars. As with all of the other forms that we offer, you can fill this form out from just about anywhere and on any device, so long as you’re connected to the internet. 

All the Documentation You’ll Need 

After you’ve satisfied the mortgage of your vessel, perhaps you’ll feel like you want to acquire a new vessel. Or, maybe you’ll want to use the vessel you have in a new way. No matter what you decide to do, you can find the corresponding vessel documentation at our site. We know that sometimes, when you sit down to fill out these forms, it can feel like you’re alone. However, that’s not the case. Our staff is on hand to answer any questions that you might have. Additionally, they can walk you through these forms step by step if you would like. Interested? Just call (800) 535-8570 or send us an email.