Your customers will know upfront how much they are approved for, the scope of the project they can afford, and the way the funds will be received. Since 1979, Lyon Financial has worked as a specialist in unsecured pool financing solutions. Loans powered by HFS are personal loans, which means no equity = no problem. It is always a good idea to speak with your lender to obtain the best interest rate and terms for your specific situation. Not all will qualify. Subject to change. Here's a summary of how we make pools and spas and pergolas happen! There are a few key differences between Lyon Financial and HFS Financial. That makes the APR on their fixed rate of 6.75% about a point higher. I am very satisfied with HFS personally and professionally, which is why I have no hesitation in recommending them to our clients., If you're looking to finance your dream pool, the people @ HFS Financial have great terms and sincere customer service. People with poor credit may require a larger loan if they need it. If youre able to open a zero-interest credit card and pay the balance back before the zero-interest period expires, paying with a credit card can be a great option especially if its a rewards card thatll give you points, airline miles or cash-back for spending or a bonus just for opening the account. What Are the Benefits of Offering Financing to Every Customer? What they really need to know is, How much is the monthly payment, and does it fit into my budget?. This type of financing is the same as applying for a personal loan or pool loan. Close the deal by simplifying the lending process. For one, Lyon Financial offers a wider range of loan products than HFS Financial. For one, Lyon Financial offers a wider range of loan products than HFS Financial. National Contractor Success Manager at HFS Financial Dallas-Fort Worth Metroplex. What credit score do you need for pool financing? This downloaded widget can then be used on your website; however, you need to connect it with your personal HFS account first. But never were we told that there would be a lien against our home, not allowing us to refinance the house. Unlike other types of loans, the payback period on this type of loan typically lasts two to ten years, and monthly payments are lower. They did a great job on approving us without any issues. Carrollton Pool Financing | Douglasville Pool Builder This was last July. Pool Rx works with Lyon Financial and HFS Financial to offer pool financing options for you to finance your backyard dream. The industry leader since 1979, Lyon Financial specializes exclusively in swimming pool financing solutions tailored to your individual needs and qualifications meaning we can help get you the best loans at the lowest rates and longest terms. You can easily incorporate contractor financing into your sales process without any hassle or additional work on your end. We use dedicated people and clever technology to safeguard our platform. Find out how we combat fake reviews. When you apply, we will do a soft credit check to view your credit profile and narrow down your options for securing a loan. If you rent out your place on Airbnb or Vrbo, you could fetch top dollar for the additional amenity. I also used hfs financial which brokered the deal to a credit union for a fee of 1500.00 if I remember correctly. Funds are typically dispersed within 48 hours. Swimming Pool Financing Options | Trouble Free Pool BBB Business Profiles may not be reproduced for sales or promotional purposes. It means barbecues and graduation parties. Instead of only learning the overall project price, they can focus on the monthly price and make quicker decisions. All information is subject to change without notice. If youve built up a ton of equity in your home and want to spread your debt payments over a lot of time, you might lean toward a home equity loan or HELOC. Industry Leading Service from your Contractor Success Manager. APR, terms, and loan amounts may differ based on loan purpose and credit profile. It was the smoothest and fastest loan I have done. APR, terms, and loan amounts may differ based on loan purpose and credit profile. Light Stream. HFS financial is the perfect partner for getting a swimming pool loan and it's not a complicated, time consuming process. HFS's platform loans are . | Do Not Sell My Personal Information Quick to respond to my clients, personalized and hassle free service. With a personal, no stage funding loan, project delays are a thing of the past. Thousands of 5-Star Reviews. Unsecured Swimming Pool Loans - Nationwide Pool Financing - Lyon Financial Lyon Financial acts as an Account Manager and is not a lender or a broker. *Available on approved credit, not all will qualify. More than just a pool loan, because it's so much more than just a pool. Adam Sidle and Krystie McMahon were an awesome team and great from start to finish. There are 5 options we recommend to finance your pool. Not all will qualify. Ideally, your credit score should be 700 or above. With HFS Financial, they can start the financing conversation without worry about how checking on financing will impact their credit score. Quick online application. Personal loans ranging in size from $20,000 to $25,000 are available from a number of lenders. That means your monthly payments can increase during your repayment period. Train your sales team to discuss financing with every single client. All information is subject to change without notice. After the conditional approval, income verification documents need to be submitted. Make sure they know that with HFS Financial theres no need to worry about checking on financing. Labeled Verified, theyre about genuine experiences.Learn more about other kinds of reviews. Please click on the links below to fill out a pool . I don't like the idea of my credit being inquired 6-8 times, I would rather deal with one lender that I feel comfortable dealing with. Tourisme83 is both a tourist guide of the Var, but also a directory. Viking Capital is a family-owned business that has been in operation since 1999. Home equity loans generally have lower interest rates than personal loans because your home is used as collateral. Whether your company offers a service or provides a product, process is everything. I will definitely be using them for any future projects and will be referring them to friends. BBB Business Profiles are provided solely to assist you in exercising your own best judgment. We specialize in swimming pool loans and home improvement loans. With HFS Financial, your clients dont have to jump through hoops to find their loan and can get started on their project more quickly. This includes loans for people with bad credit and loans for people who are self-employed. 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. Financial Independence, Retire Early: What Is the FIRE Movement? You wont be required to submit a credit check because these loans are pre-approved and have a lower interest rate. We dont abandon you just because construction has begun. For a better experience, please enable JavaScript in your browser before proceeding. In less time than any other home improvement loan process, well have you connected with the project financing you need. 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. The pool companies typically arent offering the loan to you themselves, but theyve partnered with a lender or network of lenders to provide you with financing options. | Cookies Settings. We are your one-stop-shop for any kind of home improvement loan: swimming pools, metal roofs, hardwood flooring, kitchen and bath remodels, basement finishing, outdoor kitchens, and more. Adding a small plunge pool to a cleared, flat space in your backyard will cost considerably less than adding a resort-style pool with waterfalls and a jacuzzi to your property that requires you to cut down multiple trees and level the land. No Stage Funding, Loans Fund 100% Up-Front, Accessory Dwelling Unit (ADU Loans) and Granny Flat Loans. Anything that you are not familiar with would be challenging and would look complicated, but Adam Sidle and Krystie McMahon extended all the help and provided all the information I needed to know which helped a lot in making my application for the loan a breeze and easy. Conditions and limitations apply. And when three out of four of your potential customers are searching for financing, you want to be the solution they are looking for. Advertisement. Call us at 877-754-5966 for all the information you want. Privacy Policy and Terms of Service 15 Year Term HFS Financial is not a lender. I stumbled on this company thru a Google search. I would recommend Jay and HFS Financial to anyone looking for a loan for home projects. Train your sales team to talk to every client about financing and to direct them to the HFS Check My Rate tool, where they can get an estimate of their loan payment in real time. Excellent experience and would 100% recommend to family and friends for their next home improvement project. To answer the question about what credit bureau does Lyon Financial use? Customers love having options when it comes to how they pay for products or services and HFS Financial makes it easy for your business to become a frontrunner in your area. If you have a significant amount of equity, you could finance your pool project this way. Financing with HFS Financial is easy and convenient for customers, which means your customers will come back to you time and again. Much thanks for any help. A score of at least 680 is frequently required for home equity loans and home equity lines of credit. This place charges a $800 origination fee on home improvement loans. Upon final approval, a copy of the signed contract between the builder and customer is provided. The information you provide to HFS Financial is not an application for a loan from HFS Financial. It is personally reviewed by a member of our loan team. You can also use bullet points such as: The great thing about working with HFS Financial is that we will keep you in the loop throughout your customers financing process. HFS Financial is not a lender. Many customers opt to wait before taking the plunge. Our lenders can choose from any of the three Big Three reporting bureaus: Experian, Equifax, and TransUnion, but they must take into account TransUnions expertise. Couldn't have been easier. As soon as the hard inquiry has been completed, a lender will provide you with a pre-approval. You dont want a pool construction project to jeopardize your ability to pay your bills and meet your needs. The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user. Adam made sure that everything was explained and kept us informed of all ongoing actions. 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. Personal loan terms generally range from about two to 12 years though some pool loans can have terms up to 20 years or more. A cash-out refinance is essentially when you replace your existing mortgage with a new mortgage that exceeds what you owe on the house and you take out the difference in cash. What is a good interest rate for a pool loan? Lyon Financial acts as an Account Manager and is not a lender or a broker. BBB is here to help. The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network. Cant believe how fast was to get approved and the loan amount is already on our bank account in less that 2 weeks since the day we applied. 4.99% APR for a 15-Year Swimming Pool Loan*, Available on approved credit, 850 FICO required, Unsecured Loan HFS Financials amazing customer care team is always available to answer any questions your customers may have. There may be different income requirements for different lenders. This quick and convenient button will take customers to your personalized HFS Financial page. Lyon Financial is a financial services company that offers a variety of products and services to its clients. People who write reviews have ownership to edit or delete them at any time, and theyll be displayed as long as an account is active. I would recommend LendKey Financial backed by Xcel Federal Credit Union. By using the HFS Financial widget on your website, its easier than ever for customers to access financing for their home improvement projects. For more information visit HFS Financial. With HFS Financial, theres no extra paperwork for your business. HFS Financial is not responsible or liable for any products, services, information,or other materials displayed, purchased, or obtainedbecause ofor in connection with this web site, including, without limitation, any agent referrals, loan recommendations, application, approval, pre-qualification,loan,or interest rate analysis. Reinvent your bathroom, garage, or outdoor living areas with a fast funding home improvement loan. HFS application process was user friendly. With HFS Financial, you dont need to worry about hiring additional accounting staff to handle loan paperwork or collect on loans. The builder is paid in stages, according to the progress of the project. They are both similar in that they offer competitive rates and terms, and they both have a wide variety of repayment options. December 11, 2022 by Linda. When you have had in-home consultations, discovery meetings, planning consultations and more, your customer throwing in the towel because of frustrating bank funding is the last thing you want. I dont remember the loan type but I know we did not have any closing costs. The information you provide to Lyon Financial is not an application for a loan from Lyon Financial. They are constantly sending updates along the way so we know the status of the loan and having our customers fully funded before the project begins makes the process much smoother. . This includes loans for people with bad credit and loans for people who are self-employed. Terms, amounts, and APR may differ based on loan purpose and credit profile. HFS Financial specialize in helping homeowners with loans to finance a new swimming pool, outdoor kitchen . It is our recommendation that you use a single credit bureau in order to obtain an accurate picture of your credit status. The lender can securely transfer the loan funds right to their bank account so they can start their project as soon as possible. Customers can feel secure in knowing they will have exceptional customer care, get approved quickly, and have no unexpected surprises down the road. Advertised rates and terms are subject to change without notice. Lyon Financial is not responsible or liable for any products, services, information or other materials displayed, purchased, or obtained as a result of or in connection with this web site, including, without limitation, any agent referrals, loan recommendations, application, approval, pre-qualification, load or interest rate analysis. However, with HFS Financial, that worry is gone as soon as they visit your website or meet with you in person. Adam Sidle and Jonathan Kahl made the journey simple and effortless. Their rate is low, but they have a $1995 "processing fee" paid to them out of the loan proceeds. Since most homeowners rely on financing to complete their home improvement project, simply talking to them about the overall price isnt enough. We remain involved to ensure that progress on your backyard entertainment center is continuing and that your contractor is receiving the appropriate payments in the appropriate increments.