When I bought my boat I got a loan. When they did the change in ownership the endorsement changed from fisheries to recreational. I believe the lending company had this done because the lenders won't lend on commercial boats. How is this changed? I should be coastwise endorsed if I want to run charters. At least if I want to be legit. Do I need to pay loan off? Re document after lean is gone? I searched the CG NVDC web site for an hour and can't find anything.
I went through this this spring. Like you, my boat was documented rec only. I had to get my lender to sign a form approving the change. r
Once I had the form I submitted it along with the other forms and $126. I had mine amended to coastwise unlimited, fisheries, and rec.
The actual approval was quick. Only a few weeks. I had a long delay because I screwed up and didn't see their email telling me I had an error on the application.
You don't have to wait the 5 months that they are showing for the rec approvals. You are going for a primary coastwise, which puts you into the comm bucket. MAKE SURE they put you into the comm queue and not the rec queue.
The process is straightforwards, but its easy to make a mistake on the app, so make sure to call them and bug them once your app date shows as being processed.
All the forms are on the nvdc website. Feel free to ping me if you have questions. I can at least tell you how I screwed up.