You’ve made the decision to install a pool for your family to enjoy.
This will provide years of entertainment and memories, but what about
the cost? It’s no secret that swimming pools in Tampa, FL, can cost
more than your average car sometimes. You still want to provide your family
with a great pastime, though, and add more value to your home. Here are
some of the ways that you can finance your
Be sure to look at your own finances before applying for a loan. You need
to be sure you can afford a potentially high and long-lasting loan payment.
Once you’ve established your ability to maintain a loan, apply with
your personal bank or consult your pool building company. They may have
a trusted bank or financing option to give you the best interest rates
and loan terms. Your personal bank may be able to bundle your pool financing
in with your mortgage, or give you a good interest rate based on your
Depending on how much equity your home has, you may be able to take out
a second mortgage or refinance your current mortgage. Again, this type
of loan would be through your current mortgage holder, but you should
also check with your builders for advice. They help thousands of people
build and finance their pools; they probably have a good idea of which
kinds of financing are the best for you, the homeowner.
Cash or Credit Card
If you’re lucky and have a surplus of cash, or high lines of credit,
you can certainly finance your pool this way. If you use a credit card,
double check the interest rate compared to taking a conventional loan.
Many times, credit cards have interest rates double or triple the amount
a bank may offer.
Do your research regarding pool financing, and you’ll soon have the beautiful swimming pool you’ve always wanted.