Pool Build & Pool Repair Reno Loan
The HOUSE Team offers a Renovation Home Loan program that enables homeowners to build or repair a pool. Our pool renovation loan allows borrower’s to finance the cost of building or repairing their dream pool into their home loan. No expensive separate pool loans.
Borrowers can use our Pool Renovation Home Loan for both a home purchase or a refinance.
Benefits of a Pool Reno Loan:
- Low Down Payment
- Available for Purchases or Refinances
- Finance Repairs to an Existing Pool
- Finance a Brand New Dream Pool
- Competitive Interest Rates
- No Pre–Payment Penalty
- Complete Repairs or Build after loan closes
Pool Reno Loan Eligible Repairs
The HOUSE Team’s Pool Renovation Loan enables a borrower to finance their pool repair and pool build needs.
- Build a New Pool
- Repair/Upgrade Existing Pool
Maximum Amount To be Financed
The Pool Renovation program allows a borrower to finance up to either of the following to build a pool or repair an existing pool:
1. 35% of the improved value* of the home OR
If a client needs to finance more than the standard maximum limit, The HOUSE Team can request an exception from our Renovation department.
*improved value equals the value of home after pool is built or repaired
Minimum Down Payment Requirements
Contact us for more information on minimum down payment requirements.
Time Allowed to Complete Repairs/Upgrades
Our Pool Renovation program allows up to 120 days after closing for the repairs to be completed. The clock starts on the date the loan closes. Exceptions to the 120 day rule granted on a case by case basis.
Other Renovation Loans
Please contact The HOUSE Team with any questions and to learn more about how our Pool Renovation loan can help you create the pool of your dreams.
Team Phone: 602.435.2149
Team Email: Team@JeremyHouse.com
By Jeremy House