Pool Financing in El Paso With Lyon Financial
Building a swimming pool in your backyard is a dream come true for many homeowners in El Paso, TX. However, financing this dream can be a challenge for many. That’s why we’ve partnered with Lyon Financial to help aspiring homeowners in the El Paso and surrounding areas with a mean to finance their dream pool. With over 43 years of dedicated commitment to helping homeowners finance home renovation projects, Lyon Financial offers specialized pool loans tailored to meet your needs. Here’s a simple guide on how to apply for a pool loan through Lyon Financial.
Why Choose Lyon Financial?
Trusted Expertise
Since 1979, Lyon Financial has been the industry leader in swimming pool financing. Unlike typical lenders, Lyon Financial specializes exclusively in pool loans, ensuring you get the best rates and terms.
Personalized Service
Lyon Financial prides itself on providing a personal touch. Every loan application is reviewed by a knowledgeable team member, not an automated system, ensuring you receive the best possible financing options. Most approvals are verified within 48 hours.
Flexible Terms
With terms up to 30 years and loan amounts up to $200,000, Lyon Financial offers the longest terms in the industry with no pre-payment penalties or consulting fees.
Steps to Apply for a Pool Loan
1. Complete an Online Application
Start by visiting Lyon Financial website and filling out their simple online application. This process takes just a few minutes and requires basic information about your financial situation.
2. Personal Review of Your Application
Once you submit your application, a member of the Lyon Financial loan team will personally review it. This ensures that your application is matched with the best lender for your specific needs.
3. Conditional Approval
Within 24 to 48 business hours, you will receive a conditional approval. This preliminary approval is based on your creditworthiness and the initial review of your application.
4. Submit Income Verification Documents
After receiving conditional approval, you’ll need to submit income verification documents. These may include:
- Previous year’s tax returns (Schedule C & E for the self-employed)
- W-2 forms and recent pay stubs for wage earners
5. Final Approval and Loan Documents
Once your income verification is complete, you will receive final approval. At this stage, you’ll need to provide a signed contract between you and your pool builder. Loan documents will be sent electronically for you to sign.
6. Clear to Start and Fund Disbursement
After returning the signed loan documents to Lyons Financial, your builder will receive a “clear to start” approval. Construction of your new pool can officially begin.
What Makes Lyon Financial Different?
Protecting Your Credit
Lyons Financial ensures your credit score is protected by only running necessary checks. Unlike other companies that scattershot your credit request to multiple lenders, Lyons Financial limits the number of credit checks to protect your credit reputation.
No Hidden Fees
There are no consulting fees or prepayment penalties, and your contractor will not be subjected to any fees either. Everything is clear and upfront, so you know exactly what to expect.
Comprehensive Project Management
Lyons Financial partners with you and your contractor throughout the entire process, ensuring that funds are dispersed on time and in full until your project is complete.
Get Started Today
Financing your dream pool in El Paso is easier than you might think. Lyon Financial offers tailored pool loans with flexible terms, protecting your credit and ensuring a seamless experience from start to finish. Start your application today and dive into the pool of your dreams with confidence.
For more information or to apply, visit Lyon Financial or call 877-754-5966. Premier Pools and Spas 915 is ready to help you make your backyard oasis a reality.