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Thread: Financing your swimming pool

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  1. 07-02-2006 02:50 AM #22
    Pool_Mike
    Pool_Mike is offline Registered+ Weir Watcher Pool_Mike 0
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    Default Re: Financing your swimming pool

    Getting back to the subject. I got a direct pool loan by Lion Financial.

    My rate imho was high. I got 9% apr for 20yrs. But I will refi after one year.

    This is for a $30K pool-loan. It is a 2nd mortgage, but my home mortgage (1st mortgage) apr rate is 5.375

    So I can tollerate it, plus I plan to pay more then the regular payment is for the 20 year loan. The more the marry'ER!! :P
    Last edited by Pool_Mike; 07-02-2006 at 02:52 AM.
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