viking capital vs lyon financial
Very easy to sign all the paperwork. Desirable loan options and personal attention every step of the way! In 2022 Loan Requests. Lyon Financial offers loans nationwide up to $150,000 with terms up to 25 years! We have invested in state-of-the-art technology to keep your information secure and to make our process as efficient as possible. In return for setting up automatic payments on their accounts, borrowers may be able to shave a certain amount off their APR, which would mean owing less interest over the life of the loan. Lowest rates with military affiliation (applicant or lineal relative). Some of the best pool loan providers offer discounts that help eligible customers lower the total cost of their loan and owe less on their monthly payments. Viking Capital APR (interest rates) As low as 5.49% Maximum loan amount $125,000 Loan terms Up to 20 years While many pool loan companies deposit funds directly into the borrowers bank account, some will want to send funds directly to the contractor. Contact Us. We've come across this loan with a 12 year 7.99% (decent for an unsecured pool loan), and no prepayment penalty, but the credit aspect seems suspect and fishy.. What's the catch here? The financing you need to make the memories you deserve. That's why we have partnered with Lyon Financial to offer incredible financing rates! Advertised rates and terms are subject to change without notice. Subject to change. Researching available pool loan options may take some time, but it could be worth the effort to find the right financing for a borrowers specific circumstances. The type of loan you choose should be based on these and other factors. Checking lenders APR ranges can help customers avoid higher pool loan rates, but they may want to consider the impact their own credit history and financial status will have on the APR that they are ultimately offered. We act in the capacity of "consultant", working with contractors nationwide to help pair pool buyers with the best swimming pool financing options available. If youre not sure what your credit score is, you can check it for free on websites like Credit Karma or Credit Sesame. But some people might prefer to tap into their home equity rather than take out a dedicated pool loan. When you have good credit, you deserve a low-interest, fixed-rate loan. Viking Capital requires that you have collateral to secure the loan, such as real estate or equipment. Why It Made the Cut: LightStream offers eligible borrowers low APR options, potential rate discounts, and same-day funding opportunitiesas well as a dedicated mobile app to manage their loan payments. Working with a single lender for all of their financing needs may be convenient for some homeowners who would prefer not to keep track of multiple loans with different lenders. Lyon Financial. A: No, all of our services are absolutely free to builders. Prospective borrowers may want to be aware that SoFis rates can be somewhat high in some cases, as the maximum APR can reach 22.73 percent. 65,000 at 12 years at 7.99% This loan is our most popular because it offers excellent terms, is okay for people with special* circumstances and includes staged funding, where payments are made in installments as the pool is built. How to Qualify for a Pool Loan with Bad Credit Subject to change. I was able to get the problem fixed and get a 2% better loan rate and improve my credit score because of this education. Viking Capital, Inc. | Financing For Swimming Pools & Home Improvement Viking Capital has been operating since 1999, working with contractors nationwide to help pair homeowners with the best financing options available. Count on Sunmark Credit Union to help you attain affordable financing that addresses your needs and budget. Because financing a pool installation is such a large investment, Lyon requires homeowners to submit a scope of work before funds will be disbursed. time with each and every customer. NMLS# 42691 Lyon Financial offers Swimming Pool and Backyard Living loan amounts of up to $500,000. Let us suggest the right program for you to make your swimming pool dream come true. Name. We have our loan with Lyon Financial and are very happy with their services as well as their outstanding customer service. Viking Capital was the answer to our dream of adding a pool to our backyard living environment. Exact interest rate determined by credit profile. Some affiliates of Lyon Financial may offer a rate discount via AutoPay. Conversely, those with poor credit scores (300 or below) may have difficulty qualifying for any financing at all. The smiles start here! A: We look at your overall credit health, including your credit score and debt-to-income (DTI) ratio. To begin the application, click "Qualify Now!," located in the black bar, towards the top right of the page. We greatly appreciate the opportunity to earn your business! Viking Capital Pool Loan Credit Requirements are designed to help small businesses get the financing they need to grow and succeed. Credit score requirements can vary from lender to lendersome lenders may not have any set minimum credit score at all. Every team member has the determination and know-how to provide you with a 5-Star worthy experience. Swimming Pool Loans Desirable loan options and personal attention every step of the way! We hope this tool helps you finance your new Viking pool! Lyon Financial and Viking Capital both specialize in swimming pool financing. While some companies provide pool financing through personal loans or home improvement loans, Lyon Financial extends dedicated loans for the express purpose of funding pool installations. Viking Capital, Inc. is a family-owned business that has been offering the most desirable financing options available in the industry since 1999. Advertised rates and terms are subject to change without notice. Once the loan is secured, Viking Capital stays connected to the borrower, the builder and the lender to answer questions, provide status updates and ensure the funding process goes smoothly. Never any problems. Archived post. Once they receive your pre-application, they will help you through the process of choosing a lender program that best fits your needs. By taking some time to reflect on what matters most, homeowners can narrow down their options more quickly and find the right fit for their needs. Let us help you find the best funding option. Additionally, Viking Capital offers fixed-rate loans, which can give you peace of mind knowing that your interest rate will never increase. A: No, we do not currently finance any owner-builds at this time. He gave me ideas on areas to improve my credit score so I could get approved for funding. Fast, accurate and truthful information. The low rates and longer term loan options offer more affordable monthly payments. We strive to provide a 5-Star worthy experience to every customer. Concord Pools partners with Viking Capital to offer highly desirable financing options. For instance, after customers have paid 12 consecutive monthly installments without a single missed or late payment, they have the option to defer their payment for 1 month without accumulating any additional interest. The interest rate on this loan is fixed at 5.99% and there are no origination fees. There are many loan calculators available online, but we recommend using the one from Bankrate.com. Viking Capitalacts in the capacity of consultant, working with contractors nationwide to help pair pool buyers with the best swimming pool financingoptions available. Our builder partners offer their customers great financing options and receive other benefits that help them sell more pools! Unsure of what option is best for you? Expert recap and game analysis of the Detroit Lions vs. Minnesota Vikings NFL game from September 25, 2022 on ESPN. Another advantage of personal loans is that theyre typically unsecured, which means you wont have to put up any collateral (like your home) in order to qualify. Assessing an applicants credit history can help lenders minimize risk by weeding out potential customers who have struggled to keep up with debt in the past. Always very easy to work with. Its easy to use and provides accurate results. Water Falls Applicants are eligible for a free financing consultation and advised of all their loan options and pertaining details with no obligation and based on a soft credit pull that will not hurt their credit. Lyon Financial has a wide variety of loan products to choose from, so you can find the perfect fit for your needs. Getting pre-approved for financing before finding a pool can help make the process smoother and give you a better idea of how much money youll be able to borrow. . Once the loan is secured, Viking Capital stays connected to the borrower, the builder and the lender to answer questions, provide status updates and ensure the funding process goes smoothly. Borrowers can further reduce their interest payments by taking advantage of the lenders autopay discount, which can lower a loans APR by 0.5 percentage points if the customer enrolls in autopay. Many of the best pool loans are unsecured loansthat is, they dont use any assets as collateral. In most cases, before each stages payment is released, we ask that you complete a brief electronic form to verify that the scope of work for that stage has been completed. Some borrowers may qualify for an APR as low as 4.99 percent, which can help save them money on interest over the length of the loan. Find Reviews, Ratings, Directions, Business Hours, Contact Information and book online appointment. Robert our consultant was great. Backyard Resort Pools TX-SML# 42691 This means youll save money on interest over the life of the loan. info@swaypools.com (817) 965-1411. *Viking Capital offers a variety of loans that vary in rate, term, loan limits and approval conditions. You cannot apply via phone. GENERAL INQUIRIES. Lyon Financial acts as an Account Manager and is not a lender or a broker. If your score is lower than this, it means that you have a history of making late payments or skipping payments altogether. to our Military Families. How much can you afford to borrow? Lyon Financial, financing available 877-754-5966. lyonfinancial.net. Submit your loan application . *********************** is awesome!! I realize everyones situation varies, but our entire process from start to finish was completed within several days. Highly recommend them. Here, Jackson Pools has comprised a variety of resources to answer some common questions and help home and business owners understand what to expect from the pool construction process. Apart from work she likes dancing and listening to music. The applicant or co-applicant (or Family Member*) is active duty, military retiree, reservist, or veteran. HELOC vs. Home Equity Loan. What am I missing that makes this a horrible loan (besides the ridiculous 7.99% rate - which we plan to pay off in 18 months). The disadvantage is that if housing prices fall and your homes value decreases, you could end up owing more than what your home is worth (known as being underwater on your mortgage). team to work efficiently and spend more quality AMS Financial. Once you have a strong credit score in hand, compare offers from multiple lenders before selecting the one that offers you the lowest interest rate and most favorable repayment terms. and not be charged any additional interest. You'll feel like the valued customer you are. Submit your loan application and Viking Capital helps you select the best loan for your needs and qualifications. If you are looking for financial assistance to build a pool (or anything else I Guess), look no furtherthis is it! David was great to work with and made sure that we were aware of everything that would happen along the way. ), and whether or not the lender offers flexible repayment options (like making extra payments without penalty). You can also see how much money you would save by making bi-weekly payments instead of monthly payments. Additionally, borrowers must have at least two years of verifiable income and asset documentation. The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes. If you are considering financing a swimming pool, be sure to shop around for the best rates and terms. Lyon Financial has a very helpful staff,customer service always answers phone calls and questions or directs me to the right person.Best choice i could have madeHighly recommend them. Your Viking Capital Loan Representative will go over all your loan options and their respective terms and payment amounts. Their multiple loan options have low rates and longer terms than common unsecured loans offering more affordable monthly payments. Finally, youll need to have a solid business plan. Concerned about all the pool companies in Southwest Florida and whether youre choosing the right one? All loan decisions are at the discretion of our lending partners. However, there are lenders who specialize in loans for people with less than perfect credit. Being self employed and having complicated taxes i was less then enthused to start the process. Luxury Pools Why Choose Viking Capital for Swimming Pool Financing? LYON Financial. Because some lenders treat pool loans as a dedicated loan product and others provide pool installation funding through personal loans or home improvement loans, loan terms can vary quite a bit. Loans for non-pool/standalone home improvement projects may incur different rates and terms based on loan purpose. Because there is so much variance from lender to lender, it may be a good idea to check the APR range offered by each pool loan provider before making a final decision. Lenders may set minimum credit scores for borrowers to meet in order to qualify for a loan. Monthly payment amounts are for demonstrative purposes only and are not guaranteed to match final payment amounts for all borrowers. Every team member has the determination and know-how to provide you with a 5-Star worthy experience. There are other options available if you have bad credit and want to finance a pool. Installing one of the best above-ground pools is a major investment, and it would be difficult for many homeowners to afford such a large expense without the help of separate financing. LightStream offers pool loans at very competitive rates, with eligible borrowers potentially receiving an APR as low as 4.99 percent. Viking Capital Pool Loan Credit Requirements are fairly simple and straightforward. CONTACT . Both Karen and Kevin were absolutely delightful to deal with, so grateful. Although Viking does charge some up-front lender feesand those fees will vary from borrower to borrowereligible service members may be able to lower their loan costs by taking advantage of the lenders military rate discount. However, if you still don't see what you're looking for or require further information, contact us directly at 877-754-5966 and one of our friendly and experienced specialists will be happy to assist you. Our loan options are unsecured, meaning there are no appraisals or equity required. home containur-pools Viking-Capital-Military-Flyer hfs-consumer-backyard American-Heritage-Pool-Corporation-CA-Custom-Flyer. . Borrowers looking to build a more expensive pool with high-quality materials and luxurious amenities may want to start their search for the best pool loans by focusing on lenders with higher maximum loan amounts. Through Viking Capital, our mission is to help other hard-working physicians like you to achieve the freedom you deserve and to create the . Lyon announced today that on May 7th, a joint venture between newly-formed Lyon Capital Partners, LLC, (formerly Echelon Capital) and Revere Finance closed on the acquisition of substantially all of the assets of Lyon Workspace Products, LLC, and its affiliates. Unlike typical lenders, we partner with you AND your contractor through every stage of the process to ensure funds are disbursed on time and in full throughout the completion of your project. Renovations. There are a few different options available, and each has its own set of pros and cons. You get one more interest-only payment but can no longer affect the payment going forward. If you have loan needs, Viking Capital is your answer. Save my name, email, and website in this browser for the next time I comment. You need JavaScript enabled to view it. Loan length can have a major impact on a borrowers monthly paymentfor instance, a 10-year pool loan will be stretched out over more installments compared with a 3-year loan of the same loan amount, resulting in lower payments each month. Lyon Financial has successfully funded over 200,000 swimming pool loans. We fit you with the best for your needs and qualifications. Grow your business. A: We assist with financing for many home improvement projects, including new swimming pool construction, swimming pool renovation, spas, landscaping, outdoor living, and residential home remodeling. Once the loan is secured, Viking Capital stays connected to the borrower, the builder and the lender to answer questions, provide status updates and ensure the funding process goes smoothly. Thanks Ed! Our swimming pool loans are designed to spread the cost of the project over many years, so the monthly payments are affordable. Concord Pools partners with Viking Capital to offer highly desirable financing options. This can be beneficial because it allows you to work with just one company throughout the entire process. With backyard pool costs rivaling the price of some luxury cars, this renovation project may seem like a pipe dream. This is a great option if you need quick funding for your business. Phone. Loan limits on pool loans can vary quite a bit because some lenders finance these home renovations through basic personal loans, while others have dedicated financing products tailored specifically to the requirements of a pool installation. GC Residential Unlimited license #80889 5984 Six Forks Road Raleigh, North Carolina 27609. APPLY AT VIKING CAPITAL . Central Bank Light Stream Viking Capital HFS Financial Lyon Financial Credit Union Apply online for a secured pool loan with Central Bank. Customers can also manage their loan using the lenders mobile app, scheduling payments, setting up autopay, and checking their payment history. The best way to find out is to use a loan calculator. Apply Now. Exactly the way it should be. Lyon Financial offers Swimming Pool and Backyard Living loan amounts of up to $500,000. But there are financing options available that can help homeowners shoulder these costs and build a pool to their specifications.