HFS Financial recognizes that there may be differences in interest rates based on loan amount, credit history, and other factors. What kind of financing text should I put on my website? The approval and funding process is quick and simple, so theyll have the funds to get started on their project quickly. If you have a significant amount of equity, you could finance your pool project this way. Follow-up was direct and complete. Whether you send them a link or walk them through the process in your own office, they will quickly see just how convenient and hassle-free contractor financing can be. Conditions and limitations apply. Advertised rates and terms are subject to change without notice. The cost of all of the materials and labor required to construct a pool can range from $20,000 to $100,000. I would definitely recommend HFS to anyone needing a home improvement loan. I'll never come back there and I don't recommend. The infamous small print where all the scary stuff tends to be hidden; thats not how we roll. Adam and Jonathan were easy to work with, professional, and courteous. A borrowers credit score, credit history, income and existing debt load all affect the interest rate. Highly recommend!, What impresses me the most about HFS is how quick and easy the process is for both the customer AND salesperson. ", HFS is a great company to work with. Many customers opt to wait before taking the plunge. There are a few key differences between Lyon Financial and HFS Financial. The direct funding to my customers allows us to work more closely with them and takes out the middle man you have with other finance companies. What they really need to know is, How much is the monthly payment, and does it fit into my budget?. The 5 Best Instant Approval Credit Cards of May 2023. I really don't want to have to borrow money for a pool, but my wife and I would really like something now instead of next year so I am hoping to have it paid off withing a year. However, there are some key differences between the two companies. With over 400,000 satisfied customers nationwide, we know what a pool means to you and your family. Many of our dealers are now successfully promoting this program to their customers to help grow their business. Its been a real asset to have your link on our webpage. We love the difference we can make for your family by providing something that puts years of memories within reach. 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. Your Bank or Credit Union. It is our recommendation that you use a single credit bureau in order to obtain an accurate picture of your credit status. Lyon Financial acts as an Account Manager and is not a lender or a broker. Easy to do business with. Those with a good credit score and little or no money are ideal candidates for quick start loans. The technical storage or access that is used exclusively for anonymous statistical purposes. Adam made sure that everything was explained and kept us informed of all ongoing actions. Youll only need additional staff when your business starts to grow in other areas because contractor funding has earned your additional customers and projects. What types of home improvement projects can I finance? Gone are the days of bank approvals and outrageous credit card interest rates. No Stage Funding, Loans Fund 100% Up-Front, Accessory Dwelling Unit (ADU Loans) and Granny Flat Loans. Theres almost no limit to what customers can finance through contractor financing for their residence. The HFS team Adam and Andrea are awesome! Plus, they will have the industry-leading customer support team from HFS Financial on their side whenever they need us. How the Lyon Financial Pool Loan Process Works, A Look at Rates & Terms for Signature Loans, Our Pool Loan Process & Frequently Asked Questions, How to Elevate Your Pool with Water Features, How to Keep Some Summer in Your Winter: Hot Tubs, Announcing 20-Year Terms on Signature Pool Loans, Pool Trends: Five New Pool Construction Materials, How to Find the Pool Shape That Suits You & Your Back Yard, The Top 6 Dos & Donts of Pool Maintenance, What to Ask Yourself Before You Build a Pool, Considers the big picture but accounts for all the small, supporting details, Clearly outlines every phase and every step within those phases, Makes room for adjustments based on client feedback, Is adhered to consistently by all employees, Includes a strong structure to communicate the progress of the process. What is a good interest rate for a pool loan? Anyone can write a Trustpilot review. They have a loan that requires no collateral. By providing financing to potential customers, you can easily help them make their home improvement dreams a reality. This includes products like home equity loans and lines of credit, which can be beneficial for those looking to tap into the equity in their home. No ones score should be impacted that dramatically. And by training your staff to talk about financing when speaking to potential customers and clients, you can have a continual source of funding coming through to support your business. BBB Business Profiles generally cover a three-year reporting period. HFS is our top choice for financing. Does anyone have any recommendations on pool loan companies with competitive interest rates? Exact interest rate determined by credit profile. As soon as the hard inquiry has been completed, a lender will provide you with a pre-approval. There are a few complaints filed against the company, but they are mostly related to customer service issues. This is another area where the focus on customer service makes all the difference at Lyon Financial. Rates vary depending on project size and other factors, so be sure to discuss your customers specific needs with them before they start their finance inquiry. Financing Your Pool Project. 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. I would highly recommend this team when looking for a pool loan. From application to funding the process was very easy with no unnecessary time wasting in between. How Do I Set Up the HFS Widget on My Website? HFS Financial is not a lender. Not all will qualify. Advertised rates and terms are subject to change without notice. Conditions and limitations apply. The company is a member of the Better Business Bureau and has an A+ rating with the organization. The information you provide for your swimming pool loan will enable HFS to determine the different loan options available to you. APR, terms, and loan amounts may differ based on loan purpose and credit profile. The most common methods are home equity loans and refinancing your home through a bank in your area. . Interest rates can start around 3% and go up to about 36%. Plus, they will enjoy competitive interest rates and fixed payments that fit within their budget. Auto Pool Cover--looking for opinions/options, With over 300,000 members, TFP is the largest and most influential pool & spa website on the Internet. Lyon Financial offers financing solutions for swimming pool and home improvement loans nationwide. All loan programs found at www.hfsfinancial.net have no fees or penalties for prepayment. Adam made sure that all information was expedited and processed all paperwork expeditiously. With financing from HFS Financial, youll have a way to show them just how little a monthly payment can be for their project. 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. Copyright. Terms, amounts, and APR may differ based on loan purpose and credit profile. This ensures that funds are not disbursed in advance of work being completed. Personal Home Improvement Loans. Are you going to purchase a small above-ground pool that you could pay off in 15 months using a zero-interest credit card? Or if youre okay with not having a pool in your backyard, youll save money by visiting public pools or renting private pools from Swimply on occasion. Dear Penny: Am I Nuts to Take Out a Mortgage on the Home I Just Paid Off. Highly recommend! We make memories. *Available on approved credit, not all will qualify. It means barbecues and graduation parties. Replies to negative reviews in < 24 hours. I would recommend LendKey Financial backed by Xcel Federal Credit Union. HFS application process was user friendly. That means that customers can find the right loan for their needs and budget. We use dedicated people and clever technology to safeguard our platform. Lyon Financial recognizes that there may be differences in interest rates based in loan amount, credit history, geographic location, and other factors. With the widget web button, CTA copy and automated notifications, you can keep track of your customers financing and provide them with the best home improvement experience possible. We know home improvement loans because that is all we do. You dont have to worry about whether or not a customer will be eligible or if the bank will approve their loan. Ideally, youll want to have a credit score of 700 or higher to get the best interest rates for pool financing. Well definitely recommend them to our friends and will do business with them in the future! Can I Offer Contractor Financing for ADUs? Once the loan documents are signed and returned to Lyon Financial, the builder is given a clear to start and construction can officially begin. JavaScript is disabled. The whole project funds direct to the customer, up-front. Conditions and limitations apply. Pool Rx works with Lyon Financial and HFS Financial to offer pool financing options for you to finance your backyard dream. Heres How to Cope With Financial Stress. We really appreciate it. 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. Adam sidle and Jamie Cole were beyond amazing. And unlike typical lenders, there are no automated decisions or artificial intelligence involved. HFS Financial does not endorse,warrant,or guarantee service or products of any lender or broker and does not guarantee and makes no representations of any rates, points, and loan programs offered by affiliates. How about you? HFS motto is You Dream it, We finance it and there motto is exactly on point, I dreamed it and they helped me finance it! A swimming pool can offer hours of enjoyment, and add value to your property. Adam Sidle and Krystie McMahon were an awesome team and great from start to finish. It only takes 60 seconds, and your credit will NOT be pulled. We greatly appreciate the opportunity to earn your business! With HFS Financial, they can start the financing conversation without worry about how checking on financing will impact their credit score. A conditional approval is available within 24 48 business hours. Central Bank. Their rate is low, but they have a $1995 "processing fee" paid to them out of the loan proceeds. By offering financing through HFS, you speed up the process and put the power in your customers hands to find out their loan terms quickly. I also used hfs financial which brokered the deal to a credit union for a fee of 1500.00 if I remember correctly. 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. We are going to use Randolph Brooks Federal Credit Union. HFS has thousands of 5 Star Customer and Contractor Reviews. I recommend HFS to everyone I work with., I believe the rapid response back to our homeowners has been huge along with the great rates. Our program is designed to meet the unique needs of military personnel and their families. With HFS Financial, your clients dont have to jump through hoops to find their loan and can get started on their project more quickly. After that your interest rate could go up to 18% or more. Your pool contractor may even be able to assist you through the loan process. For over 40 years, Lyon Financial has provided personalized, hassle-free financial solutions to bring backyard dreams to life. You dont have paperwork to fill out or a complicated process to walk through we handle all of that part! Home equity loan rates as low as 3.2 for 4 years up to 5.0 for 20 years. With the HFS Check My Rate tool, customers can find out how much they qualify for quickly and easily. This is very helpful and I will reach out to the few places recommended by everyone. 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. Open a high-yield savings account to use as a sinking fund and dont make withdrawals from the account until youve reached your savings goal. 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. Simply put, you provide the financing service through your partnership with HFS Financial, and we connect your customers with the right loan for their needs. We hope you enjoy your backyard paradise because we want to give you the opportunity to earn a living. When a customer is curious about how much they can qualify for, theres no reason for them to take a hit to their credit. People with poor credit may require a larger loan if they need it. When they get funded through HFS Financial, each customer is essentially a cash buyer. Absolutely not! Not sure how much you need? That makes the APR on their fixed rate of 6.75% about a point higher. Advertising a personal loan reported to credit report and no liens against the property. NEW $25,000 unsecured rates start at 9.99%, terms up to 7 years, (NO EQUITY REQUIRED) (No pre-payment penalty) scores from 725, NEW up to $10,000 Credit Card- MasterCard or Visa, with 0% APR, (12-18 months) (This is basically FREE money for almost 2 years), (Minimum monthly payment is required) scores from 740, 1st mortgage refinancing FHA,VA, Conventional & Reverse Mortgages. Advertised terms are subject to change without notice. APR, terms, and loan amounts may differ based on loan purpose and credit profile. If the estimates come in higher than you expected, consider scaling down the size of your pool project or using different materials. Please don't hesitate to contact us for financing assistance at (904) 223-4050. The loan options are based on your income and creditworthiness. We have everything ready to go for you, and all you need to do is follow these simple steps. We believe the best family vacations are the ones spent in your own backyard. 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. Thats lightning fast compared to traditional bank loans. Ill definitely use them again for my next outdoor project! Customers who get frustrated with other lending processes are often customers who throw in the towel on the project. When it comes to high-dollar home improvements, new pools, or even simple renovations, its important to remove barriers that cause your customers to back off on pursuing the project of their dreams. Additionally, Lyon Financial has a higher customer satisfaction . Dont forget to factor in maintenance and additional utilities usage when estimating how much you can afford to go toward pool costs. We look at overall credit health, including your debt-to-income (DTI) ratio. Much thanks for any help. Lyon Financial is located at 118 Morlake Drive Suite 202, Mooresville, NC 28117. Does NOT affect your credit, Here at HFS, we dont only exist to help homeowners find financing to bring their dreams to life. You may be able to use a competitors lower offer to get a lender to reduce their offer even further. With direct-to-consumer financing through HFS, customers have complete control of their money. 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. An inquiry you submit to Lyon Financial is for the purpose of obtaining additional information regarding a potential loan provided by a third-party lender under terms & conditions arranged directly between you and such lender, and conditioned upon the completion of all credit documentation. HFS's platform [] 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. 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. I would recommend LendKey Financial backed by Xcel Federal Credit Union. Accessory Dwelling Units (ADUs) are add-on living areas You no doubt come across all kinds of customers who Every client deserves to hear about their financing Offering financing for your contracting customers can We know youre busy. Two companies we have relationships with are HFS Financial and Lyon Financial. 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. Great option if you want to preserve your current mortgage rate like us. Such an easy process!!! If you default on your loan, the lender could foreclose on your home. Will I have any hidden costs associated with my loan? It is a type of loan that is approved for people who are ready to buy a home and have a good credit score. Lyon Financial is located at 118 Morlake Drive Suite 202, Mooresville, NC 28117. With HFS Financial, they can get up to 120% of the loan amount, so theyre covered even for those unexpected things that pop up in many projects. To pay for a pool using a personal loan, you will usually need a credit score of at least 600. Thank you so much. If you have great credit you can get 6.5% interest on 50K for 10-15 Years and that drops to 6.25% if you do automatic payments. Every customer can rest assured that when they choose your contractor financing, they are getting a reliable and secure solution from a trusted partner. A minimum credit score of, No restrictions on what funds can be used for to complete the consumers backyard experience (above-ground, in-ground, repairs, refurbishments, pool equipment, outdoor kitchens, patio furniture, irrigation, landscaping, etc. We wouldnt be able to provide the high-quality projects we provide for so many of our clients without a partnership with HFS., Working with HFS is awesome! It was not disclosed directly to me that they add on this fee, it was slipped into the fine print. Adam Sidle and Jonathan Kahl made the journey simple and effortless. If you need decades to pay back the loan, you might consider refinancing your mortgage or taking out a second mortgage. Adam Sidle was very nice and answered every question fast. Subject to credit approval. Lyon Financial does not endorse, warrant or guarantee service or products of any lender or broker and does not guarantee and makes no representations of any rates, points, and loan programs offered by affiliates. 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. While we are located in Maryland, we do conduct business in all 50 states. Feel free to explain how their credit score wont be affected by inquiring about financing. An interest rate around 5% is a good deal for a pool loan. Financing also allows customers to dream bigger. Pool loans can also be found from companies that specialize in them. Call 877-754-5966 today! We do one thing and we do it better than anyone. With HFS Financials experience and unmatched customer service, your customers dont have to worry about a complicated application process or wait for weeks for a response from the bank. Here are 8 tips for writing great reviews. Rethink your kitchen storage space with financing for a kitchen remodel. Overall, Lyon Financial seems to be a reputable company that offers a good product. Your APR may differ based on loan purpose, amount, term and your credit profile. Our mission is also to help contractors get paid easier, reach more customers by offering financing, and build their businesses. The company has also been accredited by the National Association of Consumer Credit Counselors. I'm glad I did. Lyon Financial Vs Hfs Financial. For one, Lyon Financial offers a wider range of loan products than HFS Financial. Use their 60 second loan application to kick off the loan process. 5-star experience! To set up your HFS widget, you first need to download it directly from our website. This business is in an industry that may require professional licensing, bonding or registration. Whether you possess the Lyon Financial minimum credit score or have a higher FICO, you shouldnt have your credit reputation subjected to such a practice. Some other things that make us stand out: This is probably our most frequently asked question. Conditions and limitations apply. Highly recommend. Lyon Financial also offers a lower interest rate for loans that are used for tuition and fees, while Lightstream does not. Contact: Larry Collins 1-800-254-9560 Ext 3 or Apply At: Program is offered to consumers with excellent credit. We just had to submit everything they asked for. 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. Advertised rates and terms are subject to change without notice. If your house didnt already come with a pool when you moved in, theres still a possibility of turning your pool fantasies into reality if you have enough space. Close the deal by simplifying the lending process. Oh, that would be about $350/month? HFS is incredibly efficient and effective at helping our clients get the money they need to bring their pool dreams to life. Please consider. You could get a personal loan (sometimes referred to as a pool loan), a home equity loan, a home equity line of credit or a cash-out refinance. With a personal, no stage funding loan, project delays are a thing of the past. Some pool builders or retailers offer in-house loan programs through their partner lenders. I stumbled on this company thru a Google search. Representatives have always quickly responded to us as well as our customers, answering any questions that we have., When our prospective clients tell us they need financing for their pool projects, we strongly recommend the contact HFS. Because you dont have any collateral backing the loan, however, these financing options can come with higher interest rates. Lyon Financial. He was a great communicator & the loan process was super smooth. Lyon Financial acts as an Account Manager and is not a lender or a broker. The loan options are based on your income and creditworthiness. HFS assists thousands of customers every month in funding their home improvement dreams. Capital One 5 years . 4.99% APR for a 15-Year Swimming Pool Loan*, Available on approved credit, 850 FICO required, Unsecured Loan International Association of Better Business Bureaus. 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. How many years can you refinance a pool for? Plus, there are no hidden fees like origination or closing costs, which can come as a surprise with some other lenders. With HFS Financial, you dont need to worry about hiring additional accounting staff to handle loan paperwork or collect on loans. You wont be required to submit a credit check because these loans are pre-approved and have a lower interest rate. NO STAGE FUNDING I dont remember the loan type but I know we did not have any closing costs. Call us at 877-754-5966 for all the information you want. Nicole Dow is a senior writer at The Penny Hoarder. That guy, Ari, just really knows a thing or two about a thing or two. The company has been in business for over 20 years and is headquartered in California. Soft credit inquiries should be used instead of hard credit inquiries by lenders. Some affiliates of Lyon Financial may offer a rate discount via AutoPay. Payment example: Monthly payments for a $50,000 loan at 6.49% APR with a term of 30 years would result in 360 monthly payments of $315.71. Lyon Financial is a financing consultant that has been in business since 1979 and works with a network of lenders to provide loans for pool and home improvement projects. We can extend for additional time as needed to complete the pool project, as long as no major changes to credit have been made. No problem! Does contractor financing impact my credit score? If you dont talk to your customers about financing, the process of getting funded and signing a contract is more difficult and takes more time. HFS financial is the perfect partner for getting a swimming pool loan and it's not a complicated, time consuming process. Every day, over 90,000 businesses use Birdeye to get more reviews and manage all customer feedback. 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. There are many Lyon Financial pool loan reviews available online. 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. By offering contractor financing with HFS Financial, you can increase your visibility, close sales, and get paid faster. 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. We take the burden off of you so that you can do what you do best building the most fantastic home improvement projects around! Please click on the links below to fill out a pool . Here are a few of the top questions your clients may raise. The technical storage or access that is used exclusively for statistical purposes. AMS Financial is Americas most trusted national pool loan company and we know swimming pool loans and home improvement loans because it is where we got our start . But most of all, it means making memories that will last a lifetime. Personal loan financing through HFS Financial is not like a secured loan through a bank. We also ensure all reviews are published without moderation. Lyon Financial. Thanks, HFS!, HFS has provided loans for customers in a prompt timely manner for us. Are you ready to get paid on your schedule instead of the banks? Rates start at 6.49%. Lyons only pulls your credit once. Before you dig into your pool financing options, you should be clear on what monthly payment you can afford. Thank you! It would have been better if they had waited a week before the event. Lyon Financial works with Central Bank to provide qualified borrowers with unsecured pool financing. There are a few key differences between Lyon Financial and HFS Financial. Your APR may differ based on loan purpose, amount, term and your credit profile. Customer Reviews are not used in the calculation of BBB Rating, BBB Tip: What to consider when researching personal loans, Need to file a complaint? Lyon Financial uses the Citizens Bank, which is located in Boston, Massachusetts. Exact interest rate determined by credit profile. Dont forget that we also specialize in helping our clients secure home improvement loans too! BBB Business Profiles are subject to change at any time. Then theyll wait through a lengthy application process to find out if theyre approved before they can sign on your dotted line. Low, fixed rates, Unsecured Loan By discussing financing with every client, your sales grow while your clients get the features theyre dreaming about! (No pre-payment penalty) scores from 620 & up (no lates on the mortgage, (last 2 years) collections, charge offs, BKs, short sale, or loan modifications in the last 3 years. Lets us help you with your dream of pool ownership. Click the tabs to the right to learn more about each financing option. By using this data, businesses can make more informed decisions . I would recommend Jay and HFS Financial to anyone looking for a loan for home projects. HFS Financial knows things, Accessory Dwelling Units (ADUs) are add-on living areas like a garage apartment or a tiny home for the backyard. We understand that an effective process is one that: Through every business technological advance over the years to each swimming pool innovation, we have stood firm on the principle of helping people get what they want. I've found that their rates are as good as anything on the market and they have a sense of urgency when responding to their clients.
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