There are many options when looking to finance a new pool. There are secured and unsecured loans. Secured loans are backed by collateral that you own such as your home. Unsecured loans are based solely on your credit history and do not require any collateral. Your interest rate will be based on the length of the loan, credit score and credit history.
- Rates typically range from 4.99% to 7.99%
- Terms from 5 years to 15 years
- Rates typically range from 4.99% to 12.99%
- Terms from 3 years to 7 years
Always check with your current bank or credit union to see what loans they offer. Here are a couple of national companies that we have utilized to secure loans for our customers.