However, there are some key distinctions between these two types of financing options. A home equity loan, or “second mortgage” offers fixed interest rates over a fixed loan term. A HELOC works similar to a credit card, where you’re offered a line of credit based on the value of your...
High interest rates after introductory period May not qualify for enough credit How to get a pool loan The type of pool financing you decide to get depends largely on the loan amount you’re seeking, your credit score and how long you’ll need to repay it. Here are a few things to con...
High interest rates after introductory period May not qualify for enough credit How to get a pool loan The type of pool financing you decide to get depends largely on the loan amount you’re seeking, your credit score and how long you’ll need to repay it. Here are a few things to con...
Lyon Financial is the industry leader in unsecured pool financing. Since 1979, they’ve helped more than 500,000 homeowners nationwide with loans catered specifically towards outdoor living projects. Their low, fixed rates, long terms, and no prepayment penalties can put your backyard dreams within...
Financing your backyard pool may depend on your pool specifications. Learn how to finance a swimming pool and the pros and cons of owning a pool.
If you finance a home improvement project with equity, you can usually deduct the interest from your taxes. There are no tax deductions with a personal loan. Other types of pool loans Financing a pool can be a years-long commitment. Compare personal loans with other financing options to find...
CNBC Select determined the best personal loan providers for pool financing based on interest rates, loan amounts, credit requirements and more.
However, the short term will mean larger payments and interest rates are typically higher than with a home equity loan. Home equity loan –Borrowing against the equity in your home (up to 85 percent), the home equity loan gives you a longer repayment period and lower interest rates. However...
Above-ground pool financing options include credit cards, "buy now pay later,” retailer financing and personal loans. Compare the pros and cons of each option.
Manufacturer financing:Some pool manufacturers offer financing to help you pay for your pool rather than using an outside lender. The terms and interest rates of each loan will depend on the company, but you can generally expect a high loan amount with a fixed interest rate. ...