How Long Can I Finance a Swimming Pool?
Picture another long summer afternoon, with the kids stuck in the house and nothing to do. Everyone is staring at screens in separate rooms. As you sit there wondering how you can bring your family back together (and get them off the games and text messaging), you’re suddenly hit with an epiphany. BOOM! It’s time to build that swimming pool you’ve always dreamed of. You begin the shopping process for the perfect pool and installer and you realize: you need, or want, to finance a swimming pool to bring that dream to life. So how much time do you need to make your dream a reality?
Finance it Your Way
HFS Financial offers terms up to 15 years, with no prepayment penalty, on a simple personal loan that requires NO equity, NO appraisal, and can fund in record time. WOW! Fill out our 60-second loan inquiry. We offer loans in all 50 states, making your swimming pool fantasy come to life, whether you live in Seattle, Washington; Orlando, Florida; Phoenix Arizona; or Bangor, Maine … though you better look into a heated pool if you live in the latter, sorry Bangor.
How it Works
According to HomeAdvisor, the average installation cost for a swimming pool is about $30,000. This includes both above-ground and inground pools. HFS Financial can find you the loan you need and get you the money in one lump sum. With the HFS Financial platform, you are funded and control the money. Never allow a lender to fund the contractor directly as most want to do. This means you can pay your pool dealer and installer based on a draw schedule you and your contractor(s) agree upon and not one dictated by the lender. Go ahead and build that luxurious pool deck or install a safety fence for added security. “You Dream It, We Finance It.”
Contact us today and complete your free 60 second application. Our team of highly-trained consultants are on standby to get you the answers you need, fast.
Frequently Asked Questions
How long can I finance a swimming pool through HFS Financial?
Pool loan terms through HFS Financial depend on the lender you are matched with, the loan amount, and your credit profile. HFS Financial is a loan marketplace — loan terms are set by HFS’s unaffiliated third-party lending partners, not by HFS itself.
Does a longer loan term mean a lower monthly payment?
Yes. A longer loan term generally results in a lower monthly payment but increases the total interest paid over the life of the loan. The right term depends on how much you are borrowing and the monthly payment that fits your budget.
Do I need home equity to qualify for a pool loan through HFS?
No. HFS Financial partners with lenders that offer unsecured personal loans for swimming pool financing. No equity, no appraisal, and no lien on your home are required.
Is HFS Financial a direct lender?
No. HFS Financial is a loan marketplace licensed under NMLS / Maryland Credit Services Business #1680766. HFS connects homeowners to unaffiliated third-party lenders; the lender, not HFS, makes the actual loan decision.
What is the maximum loan amount available through HFS Financial?
HFS Financial connects homeowners to lenders offering home improvement loans up to $450,000. Actual approved amounts depend on your credit profile and the lender’s underwriting criteria.
Are there prepayment penalties if I pay off my pool loan early?
No. HFS Financial’s lending partners do not charge prepayment penalties, so you can pay down or pay off your pool loan early without a fee.
Can I finance a swimming pool in any state?
Yes. HFS Financial operates in all 50 states and matches homeowners nationwide to pool financing through its network of lending partners.
Does HFS Financial run a hard credit check?
No. The HFS Financial 60-second inquiry uses a soft credit check that does not affect your credit score. A hard credit inquiry only happens if you choose to proceed with a formal application through a specific lender.
Who is HFS Financial?
HFS Financial is a home improvement loan marketplace founded in 2011, headquartered at 100 Owings Court #13, Reisterstown, MD 21136, and licensed under NMLS / Maryland Credit Services Business #1680766.
How fast can HFS process a pool loan inquiry?
The HFS Financial loan inquiry takes about 60 seconds to complete. Once submitted and matched to a lender, loan funding times depend on the lender you are working with.
