Adam Sidle and Krystie McMahon were an awesome team and great from start to finish. We wouldnt be able to provide the high-quality projects we provide for so many of our clients without a partnership with HFS., Working with HFS is awesome! I have used HFS twice for home improvement loans and so far they have met my expectations. BBB asks third parties who publish complaints, reviews and/or responses on this website to affirm that the information provided is accurate. Does NOT affect your credit, Non-Bank Financial Service HFS Financial HFS Financial Reviews 1,142 Excellent 4.8 VERIFIED COMPANY hfsfinancial.net Visit this website : BS Brandon Smith 1 review US A day ago Great Experience! Our simple and easy-to-use Check My Rate quickly allows them to get an idea about what their terms will be and estimate their payment. Any new postings here are unlikely to be seen or responded to by other members. When you refer your clients to HFS, they wont have to worry about coming up with a down payment or any other funds. If You Have More Than $1,000 in Your Checking Account, Make These 9 Moves, This 10-Day Savings Challenge Is Going Viral By Making People Richer, The 9 Biggest Money Secrets Most Rich People Wont Tell You. I got mine through Lightstream. Hello , This is an inactive thread. When considering complaint information, please take into account the company's size and volume of transactions, and understand that the nature of complaints and a firm's responses to them are often more important than the number of complaints. Here are some of the other reasons homeowners like working with HFS. HFS Financial specialize in helping homeowners with loans to finance a new swimming pool, outdoor kitchen . We hold a steadfast position to never allow a customers credit to take more hits than it should. For Customers. For more information visit HFS Financial. However, BBB does not verify the accuracy of information provided by third parties, and does not guarantee the accuracy of any information in Business Profiles. Lyon Financial is not responsible or liable for any products, services, information or other materials displayed, purchased, or obtained as a result of or in connection with this web site, including, without limitation, any agent referrals, loan recommendations, application, approval, pre-qualification, load or interest rate analysis. HFS Financial offers low fixed rates and flexible payment options with terms up to 20 years. This includes loans for people with bad credit and loans for people who are self-employed. Carrie Decker and Adam Sidle kept me update to date through the entire process. With HFS Financial, you dont need to worry about hiring additional accounting staff to handle loan paperwork or collect on loans. Many, if not most, of your competitors will not offer financing so just the fact that you do gives you a huge competitive edge. Personal loans ranging in size from $20,000 to $25,000 are available from a number of lenders. If you choose this financing option, be sure that youll be able to pay off the balance in a relatively short period of time. Additionally, Lyon Financial has a higher customer satisfaction . Unlike many banks and credit unions, our experience is unique to swimming pools, not just any type of loan. Very understandable and easy, seamless application process. HFS has one-of-a-kind loan programs and world-class service as shown by 1,500 + 5-star Reviews. Such an easy process!!! You can direct interested customers right to the HFS Financial widget on your website to start their financing inquiry. Their rate is low, but they have a $1995 "processing fee" paid to them out of the loan proceeds. With a HELOC, you can pull out funds as needed to finance your pool construction and other home improvement projects. Your APR may differ based on loan purpose, amount, term and your credit profile. Privacy Policy and Terms of Service Integrating the HFS widget onto your website is easy. If your credit score is less than 600 or you do not yet have a credit history, you can still hold out hope. Follow these steps to secure a loan for your pool. To set up your HFS widget, you first need to download it directly from our website. The most common methods are home equity loans and refinancing your home through a bank in your area. HFS assists thousands of customers every month in funding their home improvement dreams. Its simple to find the best financial services in your area. A cash-out refinance is essentially when you replace your existing mortgage with a new mortgage that exceeds what you owe on the house and you take out the difference in cash. The loan team member will review the terms and conditions with you, ensuring you are paired with the program that best suits your needs and qualifications. Subject to change. A swimming pool can offer hours of enjoyment, and add value to your property. However, with HFS Financial, that worry is gone as soon as they visit your website or meet with you in person. The lender can securely transfer the loan funds right to their bank account so they can start their project as soon as possible. There are a few key differences between Lyon Financial and HFS Financial. Our mission is also to help contractors get paid easier, reach more customers by offering financing, and build their businesses. Offering financing helps you reach an array of customers. How a Custom Pole Barn Can Transform Your Landscape. Our lenders can choose from any of the three Big Three reporting bureaus: Experian, Equifax, and TransUnion, but they must take into account TransUnions expertise. ", Thanks to you and the HFS team for your quick turnaround in letting us and our future clients know if they qualify. I called Lyon Financial today, the lady I spoke to said that they shop your credit score with 6-8 companies to get you the best loan option out there. That said, it is not impossible to get approved for a loan from Lyons Financial, but it may be more difficult than going through a less reputable lender. Or if youre okay with not having a pool in your backyard, youll save money by visiting public pools or renting private pools from Swimply on occasion. We look at overall credit health, including your debt-to-income (DTI) ratio. Open a high-yield savings account to use as a sinking fund and dont make withdrawals from the account until youve reached your savings goal. The APR listed is for a signature loan between $50,000 and $200,000 with a term of 360 months, for applicants with excellent and substantial credit (including but not limited to a minimum credit score of 800 and a debt-to-income ratio/DTI of 50% or less). This business is in an industry that may require professional licensing, bonding or registration. - All rights reserved. When you complete our fast and easy inquiry, the information you provide HFS is securely transmitted to our in-house team of highly specialized financial loan consultants. It is common for borrowers with low credit scores to have lower interest rates, though this is not always the case. It can be difficult to get approved by Lyon Financial due to the companys strict standards. Is Money Heavy on Your Mind? If youve built up a ton of equity in your home and want to spread your debt payments over a lot of time, you might lean toward a home equity loan or HELOC. 253 followers . Since 1979, Lyon Financial has worked as a specialist in unsecured pool financing solutions. While we are located in Maryland, we do conduct business in all 50 states. A borrowers credit score, credit history, income and existing debt load all affect the interest rate. With the widget web button, CTA copy and automated notifications, you can keep track of your customers financing and provide them with the best home improvement experience possible. Lyon Financial acts as an Account Manager and is not a lender or a broker. Here are a few key features of the LightStream program: Apply at www.SwimmingPool.com/LightStream, Your email address will not be published. Amounts from $50,000 to $200,000 Each program pays in at least three stages, from excavation to project completion (as defined in the contract). Some pool companies may directly provide you with pool financing offers, so you dont have to search for financing on your own. Advertised terms are subject to change without notice. They are very fast to process new applications and respond promptly to all questions and emails. Lightstream requires a cosigner for all loans, while Lyon Financial does not. Give them a shout, they are very responsive and the client controls the funds. BBB is here to help. HFS application process was user friendly. This also ensures that you are not left holding the bag for any financial losses as a result of bank funding delays or denials. No ones score should be impacted that dramatically. How Can You Make Friends While Traveling Alone? Home equity loan rates as low as 3.2 for 4 years up to 5.0 for 20 years. Highly recommend!, What impresses me the most about HFS is how quick and easy the process is for both the customer AND salesperson. Thanks again., We have been working with HFS Financial for a few years now with our clients. The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user. Your Bank or Credit Union. One of the benefits of personal loans is that you dont have to offer up any collateral. HFS was super response to our initial request. Unlike personal loans that provide the borrower with the funds upfront, Lyon Financial disburses the funding directly to the pool builder in stages as the project progresses. The teams are VERY proactive throughout the entire process to ensure we were on track with our project. My clients always seem to have great things to say about service, ease of qualifying process as well as the delivery of funds which is critical for us in assisting them for their pool construction to get started. Talk with pool builders to get estimates on the total cost of your desired pool project. Train your sales team to discuss financing with every single client. Personal loan terms generally range from about two to 12 years though some pool loans can have terms up to 20 years or more. There are a few key differences between Lyon Financial and HFS Financial. The interest rate on these loans is higher than on other types of loans. APR, terms, and loan amounts may differ based on loan purpose and credit profile. Thanks guys! Lyon Financial is a financing consultant that has been in business since 1979 and works with a network of lenders to provide loans for pool and home improvement projects. Lyon Financial is a leading provider of military loans and financing options. Conditions and limitations apply. HFS financial is the perfect partner for getting a swimming pool loan and it's not a complicated, time consuming process. I had a two Home Improvement loans with HFS and they are the BEST. Great option if you want to preserve your current mortgage rate like us. By offering financing through HFS, you speed up the process and put the power in your customers hands to find out their loan terms quickly. They have been courteous, knowledgeable and thorough. Some other things that make us stand out: This is probably our most frequently asked question. When I financed my own personal pool, I turned to HFS as well and found all my clients statements to be true for sure. Home equity loans are essentially when you tap into the equity you have in your home and take out a second mortgage. Are you struggling to decide whether or not an accessory dwelling unit is right for you? The company acts in the capacity of a financial consultant, and partners with a network of lenders to provide multiple loan offers for pool construction projects. As an HFS Financial contractor partner, you have a wealth of benefits available to connect you with customers, to build your business, and to provide training and sales techniques to help you and your staff seal the deal. Its estimated that about 75% of customers need a loan to achieve their home improvement dreams. What kind of financing text should I put on my website? But just how do you go about doing that? Not sure how much you need? With a selection of industry-leading loan terms available, customers can find financing plans that fit their budgets perfectly. To see if you qualify, call Lyon Financial at 877.754.5966 or apply online today. This may be a good task for a web developer, or feel free to reach out to your HFS contractor success manager and we will take care of this process for you. HFS communicates directly with the customer and in a timely manner. Your credit score may take a dip after taking on new debt, but it should rebound as you make regular, on-time payments. If my customers use the widget, how do I know if my customer is approved for their loan? No. How many years can you refinance a pool for? It may not display this or other websites correctly. Lyon Financial Vs Hfs Financial. Pool Rx works with Lyon Financial and HFS Financial to offer pool financing options for you to finance your backyard dream. Which for 12 years is still lower than any others I can find. Treasure Pools has partnered with HFS Financial and Lyon Financial to offer superior financing options. Thank you so much. How about you? APR, terms, and loan amounts may differ based on loan purpose and credit profile. Highly recommend. Thats lightning fast compared to traditional bank loans. You must log in or register to reply here. Payment example: Monthly Payments for a $200,000 loan at 6.49% APR with a term of 30 years would result in 360 monthly payments of $1,262.82. When it comes down to choosing a contractor who offers financing and one who does not, customers love the ease and convenience knowing that everything for their project can be taken care of in one place. Please don't hesitate to contact us for financing assistance at (904) 223-4050. The whole project funds direct to the customer, up-front. You may be able to use a competitors lower offer to get a lender to reduce their offer even further. With HFS Financials experience and unmatched customer service, your customers dont have to worry about a complicated application process or wait for weeks for a response from the bank. Personal Home Improvement Loans. This is another area where the focus on customer service makes all the difference at Lyon Financial. Replies to negative reviews in < 24 hours. You could put off your pool construction project for a few years and save up for the expense in cash. You could also check local credit unions for better rates. The Birdeye app powers this profile. Help them secure financing, build a great rapport with your clients, and close those sales to boost your business. Loans for non-pool/standalone home improvement projects may incur different rates and terms based on loan purpose. So happy to work with them and would recommend to anyone. They are constantly sending updates along the way so we know the status of the loan and having our customers fully funded before the project begins makes the process much smoother. By using this data, businesses can make more informed decisions . BBB of Southern Piedmont and Western N.C. BBB reports on known marketplace practices. When you have had in-home consultations, discovery meetings, planning consultations and more, your customer throwing in the towel because of frustrating bank funding is the last thing you want. I don't like the idea of my credit being inquired 6-8 times, I would rather deal with one lender that I feel comfortable dealing with. Loans up to $500,000 This data includes information on creditworthiness, employment history, and other financial factors. For one, Lyon Financial offers a wider range of loan products than HFS Financial. While youll only pay back what you borrow, the interest on HELOCs are usually adjustable rates rather than fixed rates. To answer the question about which credit bureau does Lyon Financial use? We use dedicated people and clever technology to safeguard our platform. An inquiry you submit to HFS Financial is for the purpose of obtaining additional information regarding a potential loan provided by one of HFSs third-party lenders under terms & conditions arranged directly between you and such lender and conditioned upon the completion of all credit documentation. With the HFS Check My Rate tool, customers can find out how much they qualify for quickly and easily. You might also consider using a credit card as your method of financing. The builder is paid in stages, according to the progress of the project. BBB Business Profiles generally cover a three-year reporting period. If youre able to open a zero-interest credit card and pay the balance back before the zero-interest period expires, paying with a credit card can be a great option especially if its a rewards card thatll give you points, airline miles or cash-back for spending or a bonus just for opening the account. Youll close more (and sometimes larger) sales, see contracts signed faster, increase your cash flow, and grow your bottom line. Does anyone have any recommendations on pool loan companies with competitive interest rates? With affordable payment plans and fast approvals, HFS Financial makes it easy to begin your dream home remodeling project today. I highly recommend HFS to anyone looking for a pool or home improvement loan. I worked with Jason Sidle for my loan. HFS not only allows you to offer industry-leading financing options, but we also supply you with all of the information you need to show your customers just how amazing and easy contractor financing can be for their project. We know home improvement loans because that is all we do. And unlike typical lenders, there are no automated decisions or artificial intelligence involved. Advertisement. Unlike many of the other lenders in this space, HFS makes the process easy and the fund our clients quickly. The cost of all of the materials and labor required to construct a pool can range from $20,000 to $100,000. Thats right, no car loans, no mortgages, no student loans. HFS Financial. If you dont talk to your customers about financing, the process of getting funded and signing a contract is more difficult and takes more time. If you have great credit you can get 6.5% interest on 50K for 10-15 Years and that drops to 6.25% if you do automatic payments. Then they can pay you directly with no delay. As a company in business since 1979, we have honed the Lyon Financial loan process to perfection. Signed contract with Lyon financial in 12/2019 unbeknownst to us or never explained that ********** would own the loan. Benefits of working with HFS. How Do I Talk to My Clients About Home Improvement Financing? Did mine through HFS Financial..unsecure loan at around 7% APR took a total of like 3 weeks. You wont spend a dime on your partnership, and youll have the leading advisors and support staff in the home improvement lending industry on your side whenever you need us. Loans powered by HFS are personal loans, which means no equity = no problem. National Contractor Success Manager at HFS Financial Dallas-Fort Worth Metroplex. Why let the lender fund the contractor directly and have no control? I'm glad I did. Financing through HFS Financial provides customers with the flexibility to make changes or additions with their contractor during their project. It is personally reviewed by a member of our loan team. I would recommend LendKey Financial backed by Xcel Federal Credit Union. It is also possible that lenders have income requirements that differ from one lender to the next. An inquiry you submit to Lyon Financial is for the purpose of obtaining additional information regarding a potential loan provided by a third-party lender under terms & conditions arranged directly between you and such lender, and conditioned upon the completion of all credit documentation. By discussing these topics with your clients, you can ensure that they understand all aspects of contractor financing. This is very helpful and I will reach out to the few places recommended by everyone. But most of all, it means making memories that will last a lifetime. Thousands of 5-Star Reviews. Call us at 877-754-5966 for all the information you want. Funds are typically dispersed within 48 hours. Re-imagine your backyard with a dreamy swimming pool loan. And when that swimming pool is in your backyard, its even better. Dear Penny: How Do I Move Past My Husbands $150K Gambling Losses? They provide a simple application process and efficient funding to keep our clients moving toward their dream backyard., Ari and team have a been a pleasure to work with. So easy to work with and great communication. $75,000 maximum loan amount There may be different income requirements for different lenders. What credit score do you need for pool financing? 4.99% APR for a 15-Year Swimming Pool Loan*, Available on approved credit, 850 FICO required, Unsecured Loan With many decades of experience in the home improvement financing space, we know just about all there is to know about all of your customers financing questions. We love the difference we can make for your family by providing something that puts years of memories within reach. Financing Your Pool. Overall, Lyon Financial seems to be a reputable company that offers a good product. You could bring your friends together over the summer by hosting pool parties. Oh, that would be about $350/month? Adam Sidle and Jonathan Kahl made the journey simple and effortless. Not all will qualify. From your showroom, customers can use our Check My Rate for real-time lowest payment amounts on demand! A conditional approval is available within 24 48 business hours. Of course, the cost will vary based on the size, the type of pool, your location and where you plan to build the pool on your property. Once the loan documents are signed and returned to Lyon Financial, the builder is given a clear to start and construction can officially begin. These are just a few of the many benefits of offering contractor financing with HFS Financial. I encourage anyone to use HFS to finance their home improvement projects! Contact our team members for more information on how we can help you turn today's dreams into tomorrow's memories. You can then use that lump sum to pay for your pool, and youll pay it back throughout the course of your new mortgage over the next 10 to 30 years depending on your loan terms. Ideally, youll want to have a credit score of 700 or higher to get the best interest rates for pool financing. There are many Lyon Financial pool loan reviews available online. Gone are the days of bank approvals and outrageous credit card interest rates. We will arbitrate between you and the contractor, should any conflicts or misunderstandings arise. *Available on approved credit, not all will qualify. Customers can feel secure in knowing they will have exceptional customer care, get approved quickly, and have no unexpected surprises down the road. We hope you enjoy your backyard paradise because we want to give you the opportunity to earn a living. 850 FICO required, Unsecured Loan As the industry leader in providing swimming pool & home improvement financing options since 1979, we offer personalized, hassle-free financial solutions tailor-made to your individual needs and qualifications. JavaScript is disabled. This includes products like home equity loans and lines of credit, which can be beneficial for those looking to tap into the equity in their home. No more waiting on a bank to approve them or sending in paperwork to apply. This quick and convenient button will take customers to your personalized HFS Financial page. How Do I Set Up the HFS Widget on My Website? Thats crazy! 5-star experience! Lyon Financial uses the Citizens Bank, which is located in Boston, Massachusetts. *Available on approved credit, not all will qualify. Payment example: Monthly payments for a $50,000 loan at 6.99% APR with a term of 20 years would result in 240 monthly payments of $387.35. Although we do not offer in-house financing at Allison Landscape and Pool Company, we do work with banks and other financial institutions when it comes to financing your pool project. Subject to change. Unlike some of our competitors we dont shotgun customers credit. They did a great job on approving us without any issues. Available on approved credit, not all will qualify. Companies can ask for reviews via automatic invitations. I also enjoy how responsive your company is with me as well., "HFS Financial has been awesome. With financing from HFS Financial, youll have a way to show them just how little a monthly payment can be for their project. We recommend putting a short call-to-action (CTA) next to the HFS widget on your website. The process was easy and seamless. Payment example: Monthly payments for a $75,000 loan at 4.99% APR with a term of 15 years would result in 180 monthly payments of $592.70. Having a pool is a luxury. Lyon Financial recognizes that there may be differences in interest rates based in loan amount, credit history, geographic location, and other factors. To answer the question about what credit bureau does Lyon Financial use? Prompt response to any questions we had and navigated the finance to contractor relationship with ease. Lyon Financial also offers a lower interest rate for loans that are used for tuition and fees, while Lightstream does not. We refer everyone to HFS now. I've found that their rates are as good as anything on the market and they have a sense of urgency when responding to their clients. Financing Your Pool Project. Low, fixed rates, Unsecured Loan All loan programs found at www.hfsfinancial.net have no fees or penalties for prepayment. Why should I get home improvement financing? We also look for any recent negative marks, such as bankruptcies or tax liens. Subject to credit approval. Application process was easy and decisions arrived on-time. The worlds cultural corporate capitals: where best combines art and business? The company has been in business for over 20 years and is headquartered in California. You dont want a pool construction project to jeopardize your ability to pay your bills and meet your needs. How BBB Processes Complaints and Reviews. That guy, Ari, just really knows a thing or two about a thing or two. Terms, amounts, and APR may differ based on loan purpose and credit profile. This will help you stand out from the competition and acquire more customers than ever before. AMS Financial is Americas most trusted national pool loan company and we know swimming pool loans and home improvement loans because it is where we got our start . Term of 30 years requires a minimum FICO of 780. Each pulls their own credit report on the customer, resulting in many unnecessary hits. After many years of assisting homeowners obtain home improvement financing, the team at HFS Financial is your perfect home improvement financing partner. Plus, there are no hidden fees like origination or closing costs, which can come as a surprise with some other lenders. Their customer support is exceptional, always going above and beyond to ensure that our client's needs are a priority., HFS provides an easy and convenient financing option for our customers.
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