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Finance
your pool
Building
or remodeling…pools ARE affordable!
Pools are not only beautiful and
fun, but add to the value of your home. Building and renovating projects
are often financed with a mortgage, much like your home. Finding either
a banker who has experience in financing pools or a pool dealer with
in-store financing options is also key to making your backyard dream
affordable. See how affordable by
finding a dealer!
Pools
are typically financed through a long-term mortgage similar to the one
you likely obtained to purchase your home. Since you can spread out
the payments on your pool over a longer amount of time than, for example,
a home entertainment system, your monthly payments are often small enough
to make your dream pool affordable.
The key to successfully financing
your pool is finding a lender who has some knowledge of the swimming
pool building process and its nuances. Here are some helpful tips.
- Some pool builders offer in-store
financing, allowing them to easily tailor a manageable monthly payment
to your situation. They can often get you approved in 24 hours or
less. The builder can explain financing options, loan terms and current
interest rates.
- A bank might do one swimming
pool loan a week, but pool builders who offer in-store financing do
them all the time, so you can be assured that you'll be speaking the
same "language."
- If you're building a home, consider
building your pool at the same time. This trend has building contractors
advising customers to roll a pool in on the first mortgage along with
the house. Talk with your building contractor to learn more about
this opportunity
Don't let sticker
shock keep you from getting the pool of your dreams. Financing a pool
is just like financing a house, car or any other major purchase. A seemingly
overwhelming sum can be easily broken down into manageable monthly payments.
Let us show you!
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