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FINANCING

 
 
Financing is a simple and easy process to go through when buying a swimming pool. We have several different banks that we use. Bad credit is not a problem. Normally we will receive approvals within 24 to 48 hours. The loan that you would be getting is either a home improvement or home equity loan. That means there will be a second lean on your house, in turn making all the interest tax deductible. Most consumers prefer to take the loan out for 15 years but you do have the option of going as low as 5 years.
 

Payments on the loan normally will run around $10.00 per $1,000.00. So if the pool cost is $25,000.00 the payment will be around $250.00 per month on 15 years. Please remember that interest rates are based on your credit; the better your credit, the better the rate.

 
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  If you would like to get pre-approved for a loan please call one of our offices and they can fax you a credit application as well as submit it to the bank for you. In the state of Texas there is a 12 day waiting period before you can close on your loan, so you might want to get the application in as soon as possible so you can be swimming sooner. Platinum Pools is not a bank, nor do we finance the swimming pools for our customer; but, we do shop around to try and find our customers the best rates.  


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