Pool Lending Companies

Some even offer buy now pay later swimming pool financing.

Pool lending companies.

Let s say you borrow 40 000 for a pool and pay 10 interest on a 48 month loan. Making us the premier choice for all your swimming pool home improvement financing needs. Compare lenders costs and other factors to see if a pool loan is right for you. Communication was excellent throughout and the loan process was quicker and less painful than i expected.

This past summer we decided to remodel our hot tub and add on an entire 30x15 swimming pool. The most popular option among pool loans is the tried and true personal loan. With a personal loan you can borrow a lump sum at a fixed interest rate and get a fixed repayment period. However pool financing is usually more expensive than other options such as a home equity loan.

With more than 40 years of experience lyon financial s unique relationships with lenders allow us to offer the industry s lowest rates and longest terms up to 20 years. Stamp tax is not included when determining loan interest rate. Lyon financial is a wonderful company to work with. It has been a dream of my wife s for a long time.

It may be difficult to qualify for pool financing. The amount of this tax which is slightly more than 0035 times your loan amount or just over 35 for a 10 000 loan will be added to your loan amount if your loan request is approved and funded. Your pool would end up costing you almost 49 000 thanks to the interest costs. Swimming pool financing is available for all types of pools including fiberglass shotcrete concrete vinyl liner above ground and more.

Swimming pool loans are an option for financing your new pool. We recently decided to put a pool in. Your monthly payments would be around 1 015 per month and you d pay 8 696 16 in interest. Some pool installation companies offer financing directly to consumers or will arrange financing by forwarding your information to lenders.

Speak to a loan adviser today. We went through them about 8 years ago for a small pool loan for an in ground hot tub. Obtaining a swimming pool loan may be necessary if you are shopping for a new swimming pool and you choose to take advantage of competitive pool financing or you are short on funds. Lyon helped us get the loan quickly.