No. A watercraft loan is quoted and offered on the value of the vessel or the loan amount being requested and aspects of the loan application.
Where you are going to use your watercraft does not affect the interest rate or other aspects of the loan. We provide loans for both inshore and off shore boats including boats that are only used on rivers and lakes and for open water boats.
Where you use and store your boat may affect your marine comprehensive insurance but these are questions you will be asked when requesting a insurance policy.