Is swimming pool financing available? How can I get a pool loan?

Yes, sources are available for pool loans, and some pool builders help arrange pool financing for buyers. Lenders provide both secured (where the borrower has collateral, such as home equity) and unsecured loans (where interest rates are typically higher).

Blue Haven offices draw on an exclusive national network of home-improvement lenders to help clients obtain financing (on approved credit). Programs vary state by state, and lenders have different underwriting criteria.

How do I know if I will qualify for a pool loan?

To check your creditworthiness for a pool loan, the best approach is to begin with a credit evaluation. Ask your pool builder if you can complete a single or joint application to run a free credit check for review.

A finance specialist can evaluate the credit report for your overall creditworthiness, and he or she can look for lenders with criteria that best aligns with your credit profile. Some of the factors taken into consideration include your FICO score, debt-to-income ratio, and amount of unsecured credit.

Learn more about Blue Haven pool financing, and view an online credit review form.