No consulting fees
No prepayment penailties
Low fixed rates - no variables
Options for 640+ credit scores
Specializing in pool finance since 1979
Is swimming pool financing something you are considering to fund your backyard dreams?
If so, you want a pool builder with financing expertise that can help evaluate your credit and provide a network of loan sources for purchasing or remodeling a pool. With Dell Outdoor, you can get started right away with a free credit pre-approval application.
Dell Outdoor has partnered with Lyon Financial and Viking Capital which offers financing to homeowners for new pool installation, pool repairs, new liners and more.
For some pool buyers, the initial outlay for this home improvement project depends on the availability of financing. For others, they simply prefer to pay in full or in part with a third-party loan.
The Dell Outdoor loan financing network is well-suited to evaluate your credit history and help you secure a pool loan (oac). Finance specialists are dedicated to connecting applicants with the best available loan program that aligns with their credit profile and pool budget.
The finance specialist will coordinate directly with you and help you formally apply for a pool loan with the suggested lender. (Again, you are not required to use this lender; you remain free to seek out other lenders.)
This pre-approval review is provided as a courtesy service to prospective Dell Outdoor clients interested in third-party funding; there is no charge or obligation on your part. Even if out partners finance specialists cannot help arrange a loan with a lender, your credit pre-approval application and determination are still 100-percent free.
If you know you would like a loan for a new pool, the best course of action is to first complete a credit pre-approval form, and wait to hear back about your credit evaluation.
Then you can schedule an in-home consultation with your local partner Dell Outdoor. After that, you will have an idea about your overall pool budget, and how much you can and want to borrow.
Toward the goal of making it easier for homeowners to cover upfront costs for a new pool, Dell Outdoor accepts credit cards toward a portion of the purchase of a new pool or renovation. Accepted cards vary by each office. They may include Visa, Mastercard, Discover, and American Express.
Options for credit card payments also vary, as do what they may cover. These may include a down payment, purchase of pool equipment, or a specific stage of construction, such as plastering. Inquire with your local Dell Outdoor team for details.
Have a firm proposal with a final pricing and scope
Know if your interest rate is locked or fixed
Is there a prepayment penalty for paying off early
Make sure no ballon payments unless you want one
Application or origination fees included or not
Ask for an offer letter shortly after approval, make sure it is valid for xxx amount of days that fits your install plans and ask for final paperwork on plenty of time to review
Dell Outdoor prides itself for the past 40 years on our ability to offer a one stop shop business model to include pool, spa, landscape, patio, walkway, retaining walls and it all can be packaged into a monthly cost by working with one of our Financing partners.
These partners are well established, trustworthy, very stable and only work with leading bank institutions.
Yes, banks, online lenders and credit unions offer personal loans for swimming pools. You can also finance a pool with home equity.
The best loan for a swimming pool has payments that fit into your budget and help you build credit as you pay off the loan. Get offers from multiple lenders and compare rates, terms and other loan features like discounts for autopay and flexible due dates.
Your monthly payments on a pool loan are determined by the amount you borrow, the interest rate you pay and your repayment terms. With an unsecured loan, payments should be fixed and go toward both interest and principal. Calculate your monthly payments on a swimming pool loan to decide what you can afford.
You need a good or excellent credit score (690 or higher FICO) to get a low rate on an unsecured pool loan. There are lenders that accept borrowers with fair or bad credit, but bad-credit borrowers often get higher rates.
Unlike an unsecured personal loan that can be used for any purpose, swimming pool loans are designed specifically for financing major home remodels, renovations, swimming pools and the like. They are usually for projects exceeding $25,000 and offer desirable rates and extended loan terms (up to 20 years) so borrowers will have affordable monthly payments. These loans do not require property as loan collateral. Instead, the lenders look at a borrower’s ability to pay (income and debt) and creditworthiness (credit scores).
Loan terms, including fees, vary and change frequently. It’s important to consider all loan terms when comparing loans, including rate, term, loan amount and fees, if applicable. Your Viking Capital representative will disclose all terms for comparison and so you can make an informed decision.
Yes. We can start the loan process even if you are unsure of your project cost. You can estimate the cost or provide us the amount you have budgeted for your project. Your Viking Capital representative will advise you on your loan options, including the monthly payment amount you can expect to pay with your estimated loan amount.
Some loans will disperse the entire loan amount into your account at the completion of the loan process. Other loans make disbursements directly to your contractor/builder at pre-defined work milestones, per your contract, that you acknowledge as complete.