Best AZ Swimming Pool Financing Loans

How Much Does It Cost To Finance A Pool In Arizona?

Installing a pool in Arizona will depend on the size and materials used, as well as the complexity of the design you select. According to HomeAdvisor, the national average price for an in-ground pool ranges from around $20,000 up to $52,000. The material you go with will make the biggest impact on the overall cost of the pool. A vinyl in-ground pool is often the most affordable, while fiberglass and concrete are more expensive but can last longer. 

What Credit Score Do You Need To Finance A Pool In AZ?

If you are using a personal loan to get financing for a pool in Arizona, most lenders will require a credit score of 600 or higher. If you are hoping to use a HELOC or cash-out refinance, you will likely need a higher credit score, closer to 700. There are lenders that will work with borrowers with subprime credit scores but be prepared to pay more in interest and fees. Credit score is not the sole determining factor on eligibility so it’s important to understand what lenders are looking for. Curious what you qualify for? Find out now with no credit impact. 

What Are Typical Pool Financing Terms In AZ?

The terms and conditions of your pool financing in Arizona will depend on your credit and which type of loan you opt for. If you plan to use a personal loan to finance your pool, you will usually agree to a fixed interest rate over a set length of time. The longer your repayment period, the higher you’ll likely pay in interest over the length of the loan, but the lower your monthly payments will likely be. 

At TGUC Financial, you can unlock home improvement loan offers with terms between 2-15 years. Review your offers for pool financing in Arizona today with TGUC Financial. 

Is It Hard To Finance A Swimming Pool In Arizona?

With so many options, financing a swimming pool in Arizona has never been simpler. Once you decide what type of loan is best for you, you can start the process of comparing lenders and finding the best terms for your budget and personal finances. 

If you’re looking for a seamless way to find pool contractors and financing in Arizona, TGUC Financial can help. You can finalize your project with a TGUC Financial vetted and approved contractor. Then, we will pay the contractor directly for your convenience.

Does A Pool Add Value In Arizona?

Yes, pools can add value to your Arizona home. Adding a pool can increase the value of your home by around $14,000 on average in the Mountain region of the U.S., where Arizona is located. While there are additional costs with maintaining a pool, the added amenity of a backyard pool can help increase your home’s value and appeal to potential buyers when it’s time to sell. 

Is Installing A Pool A Good Investment In Arizona?

Thanks to the warmer climate of Arizona, you’ll be able to use a pool the majority of months in a year, ensuring you’ll get lots of use out of your new backyard addition. Also, pools with homes sold on average 2 to 4 weeks faster in Phoenix, indicating they’re a popular amenity for buyers. so, good investment? We’d say so. 

How Much Is Monthly Pool Service In Arizona?

Adding a pool comes with several benefits but does require continual maintenance, which adds to the cost. During peak season, maintaining a pool can cost an average of about $180 a month. This includes chemicals, materials and equipment for cleaning and the cost of any repairs. Annually, this can add up to about $1,400 a year. 

How Much Does A Pool Add To Home Value In Arizona?

Adding a pool in Arizona can increase your home’s value between 5 and 8%, depending on the style of your pool and comparable homes in the neighborhood. While this isn’t a high return on investment, it can increase your home’s value and provide you with a resort-like backyard for years to come.

Can You Finance A Pool In Arizona?

Financing a pool in AZ is a common way to get the funds necessary to install the pool. As you decide which loan or pool financing option is right for you, consider your monthly budget, how fast you need the funds, and if you prefer a secure or unsecured loan.  Also remember there are different types of pools which can vary in price. It can be helpful to narrow down on what your project will cost before starting the process of pool financing in AZ. 

Here are some ways that AZ homeowners finance a pool: 

• Personal loan: One of the most common ways to finance a pool in Arizona is through a personal loan. These unsecured lines of credit don’t require you to put your house up as collateral but are dependent on your credit score. This is usually the fastest way to get financing for a pool.
• Cash-out refinance: Refinancing is a common way to cash out on your home’s equity by getting a new mortgage. When you refinance, you can use the lump sum of equity to install a pool, but this method often takes several weeks while the new mortgage gets underwritten and finalized.

• Home equity line of credit: Otherwise known as a HELOC, a home equity line of credit is when you use your home’s equity to establish a revolving line of credit that you can utilize for home improvement projects, like a pool. While it still takes a few weeks to get a HELOC, there are lower closing costs than a cash-out refinance. 

TGUC Financial can simplify the process of shopping and comparing pool financing offers and contractor estimates. Our network of lenders and contractors is willing to compete in a competitive marketplace to earn your business. The awareness that you have several options available can work to your benefit, thus helping you find the best pool financing offer in AZ. 

Unlock pool financing offers up to $100,000. . .no collateral or credit impact required.