Financing Swimming Pools, Spas, or Swim Spas
Financing swimming pools, spas, and swim spas can be done in any number of ways. The most popular over the years has been through home equity loans or home equity lines of credit. Customers would use the equity in their homes as collateral for the loan. Most of these loans are handled by the customer’s bank.
Some people use low interest credit cards. This has become especially popular with the do it yourselfer who is just purchasing materials. People have also used the proceeds from stock sales, loans against brokerage accounts, and loans against retirement accounts. Another method that is quickly moving up in popularity are online lenders. With a simple, online application you can usually find out if you are approved within 24 hours.
How you finance your pool purchase is entirely your decision and it is up to you to perform all due diligence and research before deciding. For your convenience, we have information below regarding one online lender.
This is an excerpt from LightStream’s website.
See their website for complete details on any statements made in the quote below:
“Dive in! LightStream’s virtually paperless, online loan application takes minutes to complete. You’ll get a quick response during business hours, and approved borrowers can often have money in their bank accounts the same day they apply.† In fact, we’re so confident you’ll have a great experience working with LightStream, that we offer an exclusive $100 Loan Experience Guarantee.”
Click here to go to their website.
Financing is available through Lightstream.com. This company is not affiliated with Medallion Pools nor is Medallion Pools recommending this company over any other method of financing or payment option. It is up to you the consumer to perform your own due diligence before selecting any company to finance your purchase