lyon financial vs hfs financial

After getting a quote from you, theyll likely take the price you quoted them to their local bank to find out the terms and monthly payment associated with financing that amount. When you want to make the most of your financing partnership, its important to talk to every client about home improvement financing. Applying for online loans, sitting in meetings with bank loan officers, making time for phone calls, and filling out endless paperwork can be a burden, not to mention a damage to their credit for applying. What they really need to know is, How much is the monthly payment, and does it fit into my budget?. We greatly appreciate the opportunity to earn your business! Loans for non-pool/standalone home improvement projects may incur different rates and terms based on loan purpose. And has been a great asset/relationship for our business., With HFS, it's easy to pre-qualify our clients, and the funding of projects is just as quick and easy! When you provide contractor financing options, customers can be confident that their financing process is easy and straightforward. At Lyon Financial, we don't just build pools. Some other things that make us stand out: This is probably our most frequently asked question. Its time to eliminate the risk of holding the bag! When you want to grow your business, talking to your customers more about financing should be at the top of your business plan priorities. 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. Should you need copies of documents you were sent and signed please dont hesitate to request this information.We are sorry to hear that you feel loan information was not disclosed. HFS Finacial experts, The Pros and Cons of Adding an Accessory Dwelling Unit. Contact any Key Bank Branch office in Michigan to apply. I also used hfs financial which brokered the deal to a credit union for a fee of 1500.00 if I remember correctly. Funds are typically dispersed within 48 hours. I have used HFS twice for home improvement loans and so far they have met my expectations. By offering contractor financing with HFS Financial, you can increase your visibility, close sales, and get paid faster. The pool companies typically arent offering the loan to you themselves, but theyve partnered with a lender or network of lenders to provide you with financing options. Thanks you both for an amazing experience. Prompt response to any questions we had and navigated the finance to contractor relationship with ease. We dont abandon you just because construction has begun. With affordable payment plans and fast approvals, HFS Financial makes it easy to begin your dream home remodeling project today. A minimum credit score of, No restrictions on what funds can be used for to complete the consumers backyard experience (above-ground, in-ground, repairs, refurbishments, pool equipment, outdoor kitchens, patio furniture, irrigation, landscaping, etc. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you. After working with contractors for so long, we know what a game-changer that is. 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. The lowest interest rates are reserved for those with excellent and substantial credit. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. Financing with HFS Financial is easy and convenient for customers, which means your customers will come back to you time and again. Lyon Financial uses the Citizens Bank, which is located in Boston, Massachusetts. An inquiry is not an application. What credit score do you need for pool financing? HFS Financial is not a lender. Carrie Decker and Adam Sidle kept me update to date through the entire process. The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user. Everything is detailed for your customer upfront. Nicole Dow is a senior writer at The Penny Hoarder. When a company has such a focused vision, it is easy to cut through the clutter to get the job done. Youll only need additional staff when your business starts to grow in other areas because contractor funding has earned your additional customers and projects. With HFS Financial, they can get up to 120% of the loan amount, so theyre covered even for those unexpected things that pop up in many projects. We are proud to offer our unique financing program to those who have served or are currently serving our country. Lyon Financial acts as an Account Manager and is not a lender or a broker. The whole project funds direct to the customer, up-front. Not all will qualify. By discussing contractor financing options with each and every client, you can give your customers the peace of mind and confidence they need to hire you and get their amazing project started. Our program is designed to meet the unique needs of military personnel and their families. Cant believe how fast was to get approved and the loan amount is already on our bank account in less that 2 weeks since the day we applied. Once approved, loans can typically fund in 24 hours with little-to-no documentation required from the consumer. Its been a real asset to have your link on our webpage. I recommend HFS to everyone I work with., I believe the rapid response back to our homeowners has been huge along with the great rates. Thank you so much for the kind words and for taking the time to leave a review for us. We use cookies to optimize our website and our service. Two companies we have relationships with are HFS Financial and Lyon Financial. I would recommend LendKey Financial backed by Xcel Federal Credit Union. Contact our team members for more information on how we can help you turn today's dreams into tomorrow's memories. BBB asks third parties who publish complaints, reviews and/or responses on this website to affirm that the information provided is accurate. The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network. Lyon Financial has long enjoyed an outstanding reputation for a couple reasons: we believe in what we are doing, we never forget we are in the business of families, and we have consistently served up the same quality customer service as we have since Day One. Whether you possess the Lyon Financial minimum credit score or have a higher FICO, you shouldnt have your credit reputation subjected to such a practice. 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. We couldn't be happier. Terms, amounts, and APR may differ based on loan purpose and credit profile. Some affiliates of Lyon Financial may offer a rate discount via AutoPay. Simply put, you provide the financing service through your partnership with HFS Financial, and we connect your customers with the right loan for their needs. Get estimates from multiple pool companies so you have a better idea of what options exist. When it comes to high-dollar home improvements, new pools, or even simple renovations, its important to remove barriers that cause your customers to back off on pursuing the project of their dreams. Conditions and limitations apply. With your handy web widget from HFS Financial, youll be the one-stop shop for your customers. When a customer sees just how little their monthly payment could potentially be, many customers choose to increase the scope of their project. No ones score should be impacted that dramatically. With direct-to-consumer financing through HFS, customers have complete control of their money. It only takes 60 seconds, and your credit will NOT be pulled. No stage funding means your customers get the full amount of the loan when its approved which makes it easier for them to pay subcontractors, suppliers, staff and YOU. With HFS Financial, you spend more time thinking about how to improve your home and less time worrying about am I getting a good rate?how is the financing coming along? With HFS, you can rest assured you will be provided with industry leading loan terms and the best customer service experience possible. You can finance a pool over 20 to 30 years, depending on the type of financing you secure. With HFS Financial, your clients dont have to jump through hoops to find their loan and can get started on their project more quickly. Make sure any additional work like constructing safety fencing is included in your estimate. Local Contact, Brighton, MI: Terry Tipton 810-494-4888, terry_e_tipton@keybank.com. As a company in business since 1979, we have honed the Lyon Financial loan process to perfection. Financing Your Pool Project. It is a type of loan that is approved for people who are ready to buy a home and have a good credit score. HFS Financial is not responsible or liable for any products, services, information,or other materials displayed, purchased, or obtainedbecause ofor in connection with this web site, including, without limitation, any agent referrals, loan recommendations, application, approval, pre-qualification,loan,or interest rate analysis. The technical storage or access that is used exclusively for statistical purposes. Plan to have it paid off by December of 2020 but I hate paying interest so hope we can finish it earlier. 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. You could put off your pool construction project for a few years and save up for the expense in cash. HFS financial is the perfect partner for getting a swimming pool loan and it's not a complicated, time consuming process. Here are 8 tips for writing great reviews. Many of our dealers are now successfully promoting this program to their customers to help grow their business. Your credit score may take a dip after taking on new debt, but it should rebound as you make regular, on-time payments. Subject to change. When you refer your clients to HFS, they wont have to worry about coming up with a down payment or any other funds. Some pool builders or retailers offer in-house loan programs through their partner lenders. HFS Financial doesnt have any prepayment penalties on the loans we pair your clients with, making it easy for customers to pay off their loan early and save money in the long run. Since most homeowners rely on financing to complete their home improvement project, simply talking to them about the overall price isnt enough. Up to 30 Year Terms This is a good option if you think you wouldnt get much regular use of having your own pool. To answer the question about what credit bureau does Lyon Financial use? 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. Couldnt recommend the two of them any more! So, what are the benefits of offering financing to each and every customer? We will be happy to help you. Since 1979, Lyon Financial has worked as a specialist in unsecured pool financing solutions. Amounts from $50,000 to $200,000 All loan programs found at www.hfsfinancial.net have no fees or penalties for prepayment. If you think youre outgrowing your current home or are looking to downsize wait until youre ready to move and then look for a new home with an existing pool. I ended up. This data includes information on creditworthiness, employment history, and other financial factors. Financing through HFS Financial provides customers with the flexibility to make changes or additions with their contractor during their project. With HFS Financial, there are no hidden costs. BBB is here to help. The process is so simple and straightforward. Thousands of 5-Star Reviews. Offering contractor financing sounds complicated, but its dead easy. We remain involved to ensure that progress on your backyard entertainment center is continuing and that your contractor is receiving the appropriate payments in the appropriate increments. Dear Penny: How Do I Get My Ex-Husbands $10K of Past-Due Alimony? Tourisme83 is both a tourist guide of the Var, but also a directory. Term of 30 years requires a minimum FICO of 780. A score of at least 680 is frequently required for home equity loans and home equity lines of credit. 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). Each program pays in at least three stages, from excavation to project completion (as defined in the contract). The builder is paid in stages, according to the progress of the project. This quick and convenient button will take customers to your personalized HFS Financial page. 2023 Trustpilot, Inc. All rights reserved. get same day answers, Get instant loan answers OR speak with a loan consultant, Securely upload some basic documents for loan verification, If youre looking for smart, fast swimming pool financing, home improvement loans, or a loan for a backyard renovation project, youve come to the right place at HFS Financial. Who doesnt love a relaxing dip in the swimming pool on a sweltering, hot day? HFS motto is You Dream it, We finance it and there motto is exactly on point, I dreamed it and they helped me finance it! 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. It would have been better if they had waited a week before the event. Because their home improvement loan funds upfront, your customers can quickly and easily access the funds they need and you get paid quickly on your terms. 850 FICO required, Unsecured Loan At 118 Morlake Dr Suite 202, Lyon Financial Reviews has offices in Mooresville, NC. Adam Sidle was very nice and answered every question fast. Offering contractor financing is the foundation of your successful business. If the estimates come in higher than you expected, consider scaling down the size of your pool project or using different materials. It is common for borrowers with low credit scores to have lower interest rates, though this is not always the case. It goes against our guidelines to offer incentives for reviews. You wont be required to submit a credit check because these loans are pre-approved and have a lower interest rate. So happy to work with them and would recommend to anyone. 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. We refer everyone to HFS now. 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. HFS Financial specialize in helping homeowners with loans to finance a new swimming pool, outdoor kitchen . Please don't hesitate to contact us for financing assistance at (904) 223-4050. Advertising a personal loan reported to credit report and no liens against the property. While youll only pay back what you borrow, the interest on HELOCs are usually adjustable rates rather than fixed rates. And when three out of four of your potential customers are searching for financing, you want to be the solution they are looking for. Readily available to answer any question or concerns. Amazing service end to end! Their well-earned reputation is hard to deny! Why let the lender fund the contractor directly and have no control? Home Improvement Lending Made Simple, offering 100% No Monday Down Financing from $10,000-$100,000, equity not required. Lyon Financial. 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. If our clients are happy, we are happy to., Man, HFS has always came through for our clients. And if you dont have tens of thousands of dollars upfront to spend on a pool construction project, theres always pool financing. Every customer can rest assured that when they choose your contractor financing, they are getting a reliable and secure solution from a trusted partner. Loans for non-pool/standalone home improvement projects may incur different rates and terms based on loan purpose. If youve got excellent credit and would qualify for a low-interest personal loan (unsecured loan), that might be the better option. Theres almost no limit to what customers can finance through contractor financing for their residence. How BBB Processes Complaints and Reviews. An interest rate around 5% is a good deal for a pool loan. We are clear and upfront about every aspect of your loan. Customer Reviews are not used in the calculation of BBB Rating, BBB Tip: What to consider when researching personal loans, Need to file a complaint? Very easy to work with and fast approval. Close the deal by simplifying the lending process. 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. Thats how much PoolCorp has helped finance in less than 10 months with our LightStream Unsecured Consumer Financing Program. Here are a few key features of the LightStream program: Apply at www.SwimmingPool.com/LightStream, Your email address will not be published. Conditions and limitations apply. The information you provide to HFS Financial is not an application for a loan from HFS Financial. ", Thanks to you and the HFS team for your quick turnaround in letting us and our future clients know if they qualify. The teams are VERY proactive throughout the entire process to ensure we were on track with our project. For more information visit HFS Financial. HFS Financial. We love the difference we can make for your family by providing something that puts years of memories within reach. HFS application process was user friendly. As a matter of policy, BBB does not endorse any product, service or business. I will definitely be using them for any future projects and will be referring them to friends. Very courteous customer service. NO STAGE FUNDING When I financed my own personal pool, I turned to HFS as well and found all my clients statements to be true for sure. Those with a good credit score and little or no money are ideal candidates for quick start loans. Hello , This is an inactive thread. Your approval is good for 119 days, during which time the pool must be completed. (These include previous years tax returns specifically Schedule C & E for those self-employed; a W-2 and recent pay stubs for wage earners). Heres How to Cope With Financial Stress. 2023, International Association of Better Business Bureaus, Inc., separately incorporated Better Business Bureau organizations in the US, Canada and Mexico and BBB Institute for Marketplace Trust, Inc. All rights reserved. This place charges a $800 origination fee on home improvement loans. The company has also been accredited by the National Association of Consumer Credit Counselors. Learn how your comment data is processed. Youll close more (and sometimes larger) sales, see contracts signed faster, increase your cash flow, and grow your bottom line. The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user. It means barbecues and graduation parties. People with poor credit may require a larger loan if they need it. Swimming pool cooling can help you escape Georgia heat, exercise, spend time with the family, and even increase the value of your home. We have served over 100,000 customers since 2004 and are trusted by over 25,000 contractors to help their clients with their financing needs. 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. I encourage anyone to use HFS to finance their home improvement projects! With HFS Financial, theres no extra paperwork for your business. Texas Blue Lake Pools works with HFS Financial and Lyon Financial to offer you pool financing options to finance your backyard dream. If you have any questions about swimming pool loans or home improvement loans call 1-800-254-9560 and press 5. Subject to credit approval. So we run our credit check first and work to pair you with the best lender for your situation. We can extend for additional time as needed to complete the pool project, as long as no major changes to credit have been made. It is always a good idea to speak with your lender to obtain the best interest rate and terms for your specific situation. Conditions and limitations apply. The interest rate on these loans is higher than on other types of loans.

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