Tulsa Pools : Great recreational center

Cody Albright: Hello, welcome to the Dive Time Show! I’m your host, Cody Albright. And here with me as always is my beautiful, lovely wife and cohost, Rachel-

Rachel: Hello everybody!

Cody Albright: And together we are the owners of Sierra Pools and Spas of Tulsa. You can find us online at SierraPoolsandSpas.com, or you can give us a call at 918-884-8427. Again, that’s www.SierraPoolsandSpas.com, or you can give us a phone call at 918-884-8427. And today we’re going to be talking about financing your Tulsa pools.  So Rachel, begin?

Rachel: So, as much as we love pools, they’re not really cheap. They’re kind of an investment, but they’re a great investment. We’ve talked about the many benefits that they provide, and you know, get great recreational center, relaxation center, great for exercise, they add value to your home, and a Gunite pool is not going anywhere. So if you install a Gunite pool, it’s gonna be around for a lifetime, and it’s gonna provide you with great memories, and a lifetime of fun. But they are an investment.

So you definitely have to think about how you’re going to pay for it, and there are some things that you need to consider. Not only do you have to consider the costs of the installation of the pool, but you’re gonna need to think about maintenance costs, and property taxes, and insurance Tulsa Pools.

So those are the things that you need to consider, and when you’re considering that, you also need to consider what route you’re gonna take to finance your pool and there’s many different ways you can do it. Just to give you an idea of how much an in-ground pool costs, and this varies greatly, but according to swimminguniversity.com, average cost of a U.S. in-ground pool is $21,000. So that’s the average cost across the nation. But that prices is varied over fiberglass pools, vinyl pools, and Gunite pools. So, Gunite pools are gonna be on the higher end of that, but the reason is, they stay around forever. They’re not going anywhere.

You’re not going to have to worry about this thing popping up out of the ground like a fiberglass pool might, because your soil gets too wet, or we have some kind of Oklahoma earthquake that we’ve had here before. It’s not going to mess up your pool. So the investment really is really great, and it’s gonna be around for a long time and it’s not going anywhere Tulsa Pools.

And also that price will vary depending on the size of the pool, the depth of the pool, the materials that you use, what kind of tile, what kind of coping, what kind of plaster you choose, the shape, and anything extra that you add — any kind of automated controls, or extra fancy lights, or fountains, or bubblers, or jets or anything like that, is all gonna factor into the cost.

So when we’re talking about getting the money, there’s different ways that you can do it. So depending on your circumstances, you’re going to have to weigh the pros and cons of any option that you choose. A good first step would be to discuss your plans with a financial advisor, because they’re gonna be experts in that field, and they’re gonna be able to look at your financial situation and tell you the best way they think that you should finance this.

[00:03:44] We strongly suggest that one way that you can finance your pool is through personal savings. Now, this is great if you have this type of savings to use on a pool. A great thing about it is that taking money from your savings means that you’re not going to pay any kind of finance charge. So that’s a great benefit. But it also means that you have to have the money to begin with, and once it’s out of your hand, it’s gone. So if you have those kinds of funds available in a savings account, it’s a great option. If not, you might want to look at something else Tulsa Pools.

Another thing that you could do is use home equity. So, you can tap into your property’s equity in two ways. One, you an refinance your mortgage, or you can take on a second mortgage. But before doing either of those, you definitely want to compare the terms and conditions of several different financial institutions. So don’t just go to one, and then just accept that based on what they say. Definitely go and compare and look at your options.

If your property has appreciated in value, you might be able to re-finance your current mortgage for an amount that will pay off your old mortgage, include the cost of the pool, and still allow you to maintain at least 20% equity in the market value of your home. So that would be great. Mortgage rates are generally lower than other loan rates, and interest you pay is tax deductible, so it can sometimes be better than just a loan. So that’s a great option.

Cody Albright: Well, tell me about this last option Tulsa Pools.

Rachel: So, the last option would be financing and we offer a partnership with HFS Financial, and they are specifically for pool and backyard loans. So they specialize in this area, and they offer some great deals and I’m gonna go through those in just a minute. But another thing that I wanted to mention is personal loans are available through banks. So that’s another option that you can choose. They generally carry a higher interest rate, and the interest is not tax deductible. So that might not be the best option for you Tulsa Pools.

What we recommend at Sierra Pools and Spas of Tulsa would be financing through HFS. We truly believe that they offer a great service, great rates, and we just think that they are gonna get you the money that you need at the rate that you need it.

So some great things about HFS Financial. They fund all loans up front. They give you an instant decision on loans under $20,000. Their loans range from $2,000 to $150,000, and your funds can be used for anything. They can be used for fencing, decking, landscaping, outdoor kitchen, furniture, pool, spa — they can be used for all of it, which is great, because we do all of those services, so you can just go through one loan company to get all of that financed.

There are tax deductible loans available, so that’s great. They’re 100% financing with no money down. So no down payments. There are unsecured and secured loans. Their rates start at 3.95%, which is a great rate. There are no pre-payment penalties, and their terms are from 3-15 years Tulsa Pools.

Cody Albright: Wow, that’s a pretty good company if you ask me! So let’s do this: let’s say I live in Tulsa, and I don’t have all the money up front, but I want a pool this year, and I have to have it now. So I want a pool, and I see this HFS, and I’m just like … so how does this loan application and funding process through HFS work? So I’m a consumer, wanting a pool, I don’t know necessarily all the … how this finance company works, so go about that. How does this HFS … how does it work?

Rachel: So that’s a great question. One great thing about HFS is that they have a 60-second application. So they make it really fast for you, because in this day and age we’re all about: we want it now, we want it right now, and so they make it really easy for you. But the way this is gonna work, so on our website, SierraPoolsandSpas.com, if you go to our financing section, you will see a little HFS logo, and you will click on that. And that’s gonna take you to an application, and you’re gonna fill out that application. Then, after you fill it out, you’re gonna receive an eligibility decision.

[00:08:52] Qualified applicants will receive an offer, so it’ll be your APR, your term options, and your monthly payment amount, and this will be based on your loan amount, and your application information. Qualified applicants choosing to proceed select an offer, and then you’re asked to provide additional information to finalize your application, and then upon loan funding, the money will be deposited into your bank account, usually within a few days, so it’s really quick Tulsa Pools.

Cody Albright: Wow, that is crazy. Okay! [00:09:27] So … that’s great information. But what are the loan amounts and terms available. What can they offer me?

Rachel: So you can qualify for loans anywhere from $2,000 to $150,000, with loan terms up to 15 years. And the APRs start at 3.95% and this is depending on the loan amount and of course your credit worthiness. And these loans are offered with no penalty for paying off early.

Cody Albright: Okay, so who’s eligible? Who can qualify for a loan through HFS?

Rachel: Any U.S. Citizen or a Legal Resident over the age of 18 Tulsa Pools.

Cody Albright: Okay. So what about the verification process? How’s that?

Rachel: Some applicants, you might be required to submit additional documentation or proof of income. So that might be a W2, a 1099, or a tax return, and this is just to verify your income and your eligibility.

Cody Albright: Okay. So once I get approved, how soon do I see the money? Is it weeks? Is it months? How long do I have to wait til I see …

Rachel: No, so HFS … your proceeds could be available within 1-2 business days. So it’s really quick.

Cody Albright: Wow, that’s really quick! So tell me about the fees. Are there any fees I need to know about with HFS Tulsa Pools?

Rachel: Yes. Borrowers pay an origination fee, which is a percent of the amount borrowed. The origination fee is typically between 1% and 5% of the loan amount, and is deducted from the loan proceeds before the loan is funded into your bank account. And if a monthly payment is late, the borrower, you might be charged a late fee. So you definitely don’t want to be lat on those payments.

Cody Albright: [00:11:04] Okay, cool. So I’m at work, I get a bonus, and I want to pay off this loan a little bit faster than what the payments are monthly. So I as a borrower, can I pay extra on a monthly loan payment?

Rachel: Absolutely, if you choose to do so, you may make additional loan payments, or pay off your loan early, without penalty or fee. So that’s great.

[00:11:32] So HFS is a great, great financing company and we put our full trust in them and we know they do a great job. So we definitely recommend that for financing your pool. But there are, of course, other options, and we will leave that up to you to decide what is best for you Tulsa Pools.

Cody Albright: Yeah, so check them out. They’re on our website. You can just go to Financing under our website, I think that’s what the tab is, and you just hit the little button there, and-

Rachel: Or you can visit HFSFinancial.net, and you also find all of the information there.

Cody Albright: Yeah, or you can contact them at 1-800-254-9560. Or you can email them: info@yourpoolloan.com and their business hours are Monday-Friday, 9-5.

So does that wrap us up for the day, I think?

Join us next time! But today we are done, so financing your Tulsa pool, HFS, check ’em out. Highly recommend ’em. On our website, or you can visit their website as well. So! That wraps us up for the day. As always, I’m Cody.

Rachel: I’m Rachel.

Cody Albright: And we’ll see you next time on Dive Time.