Getting a loan through a bank has become a very difficult task for many homeowners. Nowadays, normal financing through a regular bank is difficult because a lot of people do not have equity in their houses.
For homeowners, there is another way to finance! Homeowners can now do this through alternate financing through an unsecured loan. With this, banks will not secure these types of loans with any security — such as your house. This gives homeowners the opportunity to make their dream come true with being able to add a swimming pool onto their homes, despite previous credit mistakes and such.
With these alternate loans, you do pay a higher interest rate, but the quicker you pay it off, the least amount of interest you end up paying. Many homeowners tend to pay these types of loans in bulk sums to dissolve the loan quicker. Note that — the better credit, the lower the interest rate will be.
There is another option. If homeowners only want to borrow part of the money for the loan, this is possible too. You are able to work with your swimming pool provider to see the best plan and amount for you. At Treasure Pools, We offer a Pay As You Go policy that consists of an initial small deposit to cover engineering and permits costs, then the construction is divided into three phases. At the successful completion and inspection of each phase, payment is requested until the job is completed! We have also partnered with Lyon Financial
Treasure Pools & Service Pool Design and Construction
Craig Cohen owner of Treasure Pools Inc. shares that a few years ago people couldn’t get any financing. As the economy gets better, banks will be giving more money away and the interest rates will decrease. There is always a time and place for everyone to get a pool. Your time could be now! Contact Craig Cohen for additional information as to how this can be possible for you and you can start building your dream swimming pool today.