Ideally, we like to see a DTI of 50 percent or less (including the amount of the loan you're requesting). Email. Includes family by adoption and marriage). Lyon Financial Reviews, Ratings | Financial Services near 118 Morlake If your credit score is below 620, you may still be able to get approved for financing, but you may have to pay a higher interest rate. i would recommend them for anyone looking to build a pool. Birdeye helps millions of local businesses to be found online with all their reviews and accurate business information. Lyon Financial. To continue the process of Financing for your pool, we will redirect to a website outside of OC Poolscapes.Lyon Financial & Viking Capital are not affiliated with OC Poolscapes, but we do have a finance partnership.To get started on the financing process, click the link below for either Lyon Financial or Viking Capital and submit your customer information. Find out how easy a pool financing could be from the company who knows pools inside and out! When you have good credit, you deserve a low-interest, fixed-rate loan. Home- Passive Real Estate Investing Because some lenders treat pool loans as a dedicated loan product and others provide pool installation funding through personal loans or home improvement loans, loan terms can vary quite a bit. There are a few different options available, and each has its own set of pros and cons. Borrowers must have a minimum credit score of 580 and a maximum debt-to-income ratio of 50%. . explained everything and. Lyons Financial is an outstanding and reasonable financial company that offers great rates especially if you're trying to get financing for an in ground pool! All loan decisions are at the discretion of our lending partners. You are only required to pay interest on the funds charged during the first 7 months of the loan. About Viking Capital. Why It Made the Cut: SoFi supports various financing optionssuch as same-day funding and payment defermentfor eligible borrowers. Credit score requirements can vary from lender to lendersome lenders may not have any set minimum credit score at all. Unlike typical lenders, we partner with you AND your contractor through every stage of the process to ensure funds are disbursed on time and in full throughout the completion of your project. We use the after improved appraised value and go all the way up to a 95% loan to value. Many pool loan providers support online applications, but response times could vary. Loans for non-pool/standalone home improvement projects may incur different rates and terms based on loan purpose. Payment example: Monthly payments for a $50,000 loan at 6.99% APR with a term of 20 years would result in 240 monthly payments of $387.35. https://www.revolutionreport.net/author/sophia-anthony/, This Site Is A Participant In The Amazon Services LLC Associates Program, An Affiliate Advertising Program Designed To Provide A Means For Sites To Earn Advertising Fees By Advertising And Linking To Amazon.Com. Quick funding time frames to give homeowners the money needed to pay for pool installations. The terms of your loan will be determined by the amount you are borrowing, your credit score, and the lender you choose. This feature can help homeowners temporarily prioritize and allocate more money toward other financial obligations. Here, Jackson Pools has comprised a variety of resources to answer some common questions and help home and business owners understand what to expect from the pool construction process. This way, homeowners can feel confident that their contractor has the expertise, background, and skills needed to build a structurally sound pool and stay on schedule. A loans annual percentage rate (APR) reflects the total cost that the borrower will pay, including interest, lender fees, and other potential expenses. Viking Capital, Inc. | Financing For Swimming Pools & Home Improvement The technical storage or access that is used exclusively for statistical purposes. For many people, taking out a loan to finance the purchase of a swimming pool is a great way to enjoy all the benefits of having a pool without having to pay the entire cost upfront. to our Military Families. Monthly payment amounts are for demonstrative purposes only and are not guaranteed to match final payment amounts for all borrowers. State License: CPC1457499 2119 Global Ct. Sarasota, FL, 34240. We refinance your current mortgage plus the cost of the swimming pool, closing costs and prepaids into one low interest loan. Repay your fixed-rate home improvement loan in as little as two years, or take up to 12 years. He was responsive, knowledgeable and clearly a subject matter expert in his field and the best part, no high sales pitch or pressure! Consulting a pool loan calculator could help homeowners determine how much a particular loan will cost when its all said and done. TX-SML# 42691 They offer a wide array of loan options and have the ability to work with borrowers in all credit tiers. Viking Capital is the rare lender that specializes in pool loans, which may appeal to homeowners who want to work with a company that understands which financing terms make the most sense for this type of home renovation project. Payment example: Monthly Payments for a $200,000 loan at 6.49% APR with a term of 30 years would result in 360 monthly payments of $1,262.82. They may find that lenders using personal loans to finance pool installations have wider APR ranges and higher minimum APR options than lenders that specialize in pool loans. You can also see how much money you would save by making bi-weekly payments instead of monthly payments. If you dont have great credit, however, you may not be able to get a very low interest rate. Why It Made the Cut: Marcus by Goldman Sachs offers perks for borrowers who consistently pay their monthly installment on time. We don't have enough equity in our home to take out a HELOC, so we're looking into pool specific loans. Ryan Harris was our Viking Capital representative and we couldnt have been luckier. After 40 years in the business, we still put people first. Let us help you find the best funding option. Pool loan reviews can provide some insight, but homeowners may want to vet the best pool loan companies themselves as well. Both are well-known and respected lenders in the industry, but there are some key distinctions between them. They are prompt to answer any questions we've had and on top of every signature or paper work needed to move forward. You'll feel like the valued customer you are. We may earn revenue from the products available on this page and participate in affiliate programs. Water Falls Make sure to read the fine print and understand all the fees and charges before signing any paperwork. Learn More Your credit score is one of the most important factors in determining whether youll be approved for pool financing. One of the more common discounts homeowners might encounter while vetting pool loan companies is an autopay discount. Borrowers can further reduce their interest payments by taking advantage of the lenders autopay discount, which can lower a loans APR by 0.5 percentage points if the customer enrolls in autopay. Viking Capital Pool Loan is a great way to get the money you need for your business. And, their customer service is top-notch! Advertised terms are subject to change without notice. And finally, dont forget to factor in the costs of installation and ongoing maintenance when budgeting for your new pool! From pools to pergolas and everything in between, we understand that each and every loan is unique just like you, which is why we take the time to listen. The company acts in the capacity of a financial consultant, and partners with a network of lenders to provide multiple loan offers for pool construction projects. SoFi is a major player in the lending industry, supporting a wide variety of loan products for customers to choose from, including a home improvement loan for pool installations. FREE Loan Consultations and payment details for all applicants! A: We can work with most pool builders. 518.588.3025 This email address is being protected from spambots. Payment example: Monthly payments for a $75,000 loan at 4.99% APR with a term of 15 years would result in 180 monthly payments of $592.70. Ryan Harris was our Viking Capital representative and we couldnt have been luckier. Can't say enoughThank you, ******* (and crew) for making this process a pleasant one!! Its also important to remember that just because you have bad credit doesnt mean you should accept the first loan offer that comes your way. Viking Capital, established in 1999, is your one-stop-shop for desirable pool financing options. The APR listed is for a signature loan between $50,000 and $200,000 with a term of 360 months, for applicants with excellent and substantial credit (including but not limited to a minimum credit score of 800 and a debt-to-income ratio/DTI of 50% or less). Since a borrowers credit score could impact the availability of different financing options, homeowners may want to consider lenders minimum credit score requirements early in the selection process. Advertised rates and terms are subject to change without notice. Generally speaking, pool loan specialists will offer longer loan terms. Dive right into planning and desigining your pool with simple, low interest rate financing through our financing partners. Submit your loan application . Thank you for the kind words and for taking the time to leave feedback for us. information secure and enable our Top-Notch Call our in-house pool experts, and we ill help you make the best decision for you. She is very passionate about general health and beauty. Let us suggest the right program for you to make your swimming pool dream come true. Very happy with the process. Viking Capital Pool Loan Credit Requirements are fairly simple and straightforward. This can be beneficial because it allows you to work with just one company throughout the entire process. This can be beneficial because it allows you to work with just one company throughout the entire process. Borrowers looking to build a more expensive pool with high-quality materials and luxurious amenities may want to start their search for the best pool loans by focusing on lenders with higher maximum loan amounts. We were pre approved for a loan. Do you have a project in mind? Easy, done. I realize everyones situation varies, but our entire process from start to finish was completed within several days. One option is an adjustable-rate mortgage (ARM). A: Yes, the applicant must be listed as the owner of record on the deed to the property where the pool is to be constructed. Vikings vs. Lions odds, line, spread: 2022 NFL picks, Week 14 Financing - atlaspoolsofcentralfl.com To that end, it may be worthwhile to explore how longer loan terms could lower monthly installments and make it easier to budget for those payments along with other recurring housing costs and financial obligations. Commercial Pools The Original Jackson Pools | Pool Financing Viking Capital Pool Loan Credit Requirements are designed to help small businesses get the financing they need to grow and succeed. With the help of our financial partners, Viking Capital and Lyon Financial, and the Premier Pool Contractor team, your dream becomes a reality! * Indicates required field. Through our exclusive lenders, we offer financing solutions for swimming pool and home improvement projects nationwide. While the average swimming pool loan is for 10-15 years, you can finance a pool for as little as 5 years or for up to 30 years in some cases. If youre considering a Viking pool, youre probably wondering how much it will cost. Financing - Concord Pools & Spas Robert our consultant was great. Renovations. Explore Our Financing Options | Vintage Pools There was never high pressure sales on anything like that. explained everything and answered all my questions. There are other options available if you have bad credit and want to finance a pool. The type of loan you choose should be based on these and other factors. Cash-out refinances typically have higher interest rates than traditional mortgages but can still be cheaper than taking out separate loans for these larger expenses. This can be advantageous because it gives you more options to choose from and may help you get a better rate. A higher credit score indicates to lenders that youre a lower-risk borrower and more likely to repay your debt on time. In this case, it may make more sense to choose a different type of loan with a higher interest rate but lower monthly payments. Lyon Financial was incredible to work with. For instance, Lyon offers loan terms ranging from 12 years to 25 years, giving borrowers ample time to repay their loan amountwhich can be as high as $200,000. Build your furure with our help! 500,000+ Happy . Directory > Business Services > Financial Services | AQUA Magazine LYON FINANCIAL OUR SPECIALITY $2,700,000,000. A cash-out refinance, for instance, could provide funds to pay for a new pool. However, if you still don't see what you're looking for or require further information, contact us directly at 877-754-5966 and one of our friendly and experienced specialists will be happy to assist you. Through Viking Capital, our mission is to help other hard-working physicians like you to achieve the freedom you deserve and to create the . !You have a new customer for life! This expertise is reflected in various aspects of the companys loan options, which are geared toward the logistics of financing backyard pools. By Jeff Keleher Published Sep 8, 2022 11:46 AM. COMPARE POOL LOAN COMPANIES Visit the three websites below to compare pricing, and loan terms, for your new pool. Lions 24-28 Vikings (Sep 25, 2022) Final Score - ESPN Please wait while flipbook is loading. The best way to find out is to use a loan calculator. LYON Financial. Although its rate calculator can be a bit inaccurate due to certain baked-in criteriausers are assumed to have excellent credit, for instancethe tool gives borrowers a good idea of what their loan options look like and what amount they could owe each month throughout the life of the loan. Subject to change. Finally, youll need to have a solid business plan. [CDATA[ Financing - Desert Soul Landesign, Llc This can be in the form of property or other assets. If youre looking to take out a loan from a Viking capital pool, there are a few things youll need to meet in order to be eligible. Once you know your credit score, start shopping around with different lenders to see who can offer the best terms. The program offers low-interest loans of up to $250,000 for qualified businesses. Customers can also manage their loan using the lenders mobile app, scheduling payments, setting up autopay, and checking their payment history. Homeowners may be able to finance a new pool with a home equity loan, home equity line of credit (HELOC), or even a second mortgage. Why Choose Viking Capital for Swimming Pool Financing? I was so impressed a REAL human being (Karen) always answered the phone and directed me to proper person. Term of 30 years requires a minimum FICO of 780. If youre considering a pool loan, you may be wondering about the difference between Viking Capital and Lyon Financial. Homeowners may also want to consider how funds are disbursed. Viking Capital Loan Specialists give personal attention to every borrower and take the time to understand their financing needs and qualifications. Voted Best Service by Capital Region Living readers, we put our members first with unique products that make life easier. With dedicated pool loans, personal loans, home improvement loans, and home equity loans all on the table, it can feel a little overwhelming at times. Your contractor charges your shopping pass at milestones stated in your pool contract with a required 30% draw at completion. In 2022 Loan Requests. 65,000 at 12 years at 7.99% This loan is our most popular because it offers excellent terms, is okay for people with special* circumstances and includes staged funding, where payments are made in installments as the pool is built. Federally Insured by NCUA Equal Housing Opportunity. Home - Aquanatics Pools The interest rate on this loan is fixed at 5.99% and there are no origination fees. Even fiberglass pool costs, which are often lower than the price of other pools, can run $29,178 on average. They offer financing for all credit types, including those with bad credit. A member of our loan team will personally review your application, ensuring you are paired with the best program for your needs and qualifications. Solved! Homeowners typically find it easy to get approved with a good credit score. Lions 24-28 Vikings (Sep 25, 2022) Game Recap - ESPN We are able to offer financing solutions for most applicants with a credit score of 625 and above. If you have good credit, you may be able to qualify for a low-interest rate loan. After understanding our loan needs, he shopped around for best fit, best price, best terms and was quick to close the deal. Unemployed borrowers can defer their monthly payment for 3-month intervals and up to 12 months total. Highly recommend! Terms and conditions are based on borrower (and co-borrower if applicable) needs and qualifications, are subject to change, and may expire without notice. Lyon Financial, financing available 877-754-5966. lyonfinancial.net. You can also contact her on Facebook, and Instagram. Lengthy funding time frames could delay the building process if contractors move on to other jobs because the funds needed for a deposit are not immediately available. Viking Capital was the answer to our dream of adding a pool to our backyard living environment. Available on approved credit, not all will qualify. * Loan terms and availability vary based on borrower qualifications and are subject to change without notice. The applicant or co-applicant (or Family Member*) is active duty, military retiree, reservist, or veteran. With a HELOC, you can borrow against the equity in your home at any time up to the limit set by the lender. Customers can also explore a wide range of other loan products from this lender. He was responsive, knowledgeable and clearly a subject matter expert in his field and the best part, no high sales pitch or pressure! We fit you with the best for your needs and qualifications. I turned them down and will get a loan elsewhere. Installing an inground or above-ground pool can be a great way to beat the heat during the dog days of summer, entertain guests, and relax after a long day of work. Lyon Financial is a broker, which means they connect borrowers with multiple lenders. will treat you like the valued customer that you Over 90,000 businesses use Birdeye everyday to get more reviews and manage all customer feedback. Revolutionary Reports of All the Aspects of Life. Below you'll find answers to some of the most commonly asked questions pertaining to Lyon Financial and the services we offer. The loan allows business owners to access up to $2 million in funding, with interest rates starting at 4%. Lyon Financial | Better Business Bureau Profile Our pool company wasn't set up in our system but he was able to get them set up in a timely matter so we could move forward with our dream pool project. HFSs platform loans are personal loans which mean NO EQUITY is needed and all loans fund 100% Direct-to-Consumer. To sum it up there are pros and cons associated with each type of loan so do plenty of research ahead of time! We offer long-term loans with low rates, catered for home improvements. Game summary of the Detroit Lions vs. Minnesota Vikings NFL game, final score 24-28, from September 25, 2022 on ESPN. Fast, accurate and truthful information. Our staff and business partners are proud to offer our lowest rates to those with military affiliation.