What to Look for When Financing a Swimming Pool
There are multiple factors & features that makes a swimming pool design the best choice for you and your family. The same can be said of lending & loans. No single element makes any given loan the right choice. You instead need to find the loan features that best suit your needs. Here are some points to think about when you are searching for the right loan option:
Think Beyond Home Equity: Many borrowers thinking about how to finance a swimming pool, make the mistake of believing a home equity loan is the only option. This is not always the case. A Secured or Unsecured Personal Loan can be a viable alternative. Best Loans looks at all these options for each and every client, in search for the most suitable loan for their circumstances.
The Pool is just the beginning: Most swimming pool projects consist of more than just the pool itself. Fencing, paving, gazebo’s and landscaping can all become important parts to completing the perfect pool area. Will your lender give you the ability to use your loan funds to complete the project in full? It certainly pays to deal with an expert when it comes to this. Most projects have many trades involved and not being able to fund the project in a timely manner can be costly, not to mention time consuming.
Interest Rate’s Matter: With over 21 Lenders on our panel, we can complete a full ‘health check’ on your current lending position and be sure to find you a suitable loan product with the best rates available. In many cases, our clients find that not only do we obtain the additional funds they require, but also get an even better deal on their current financial arrangements.
So Does Flexibility: Great rates are important, but they’re not everything. A loan term that’s too short or a loan amount that’s too small may offset the benefits you get from a great rate. Make sure your lender gives you the flexibility to get the project done on your terms.
So, contact us today on 1300 002 190 or complete the short enquiry form below for a no-obligation free chat about your pool project and financing needs: