Home Improvement Loan Swimming Pool at Lyon Financial

Are you searching for an online resource on how to get a loan to repair your swimming pool or carry out construction of a new one? If this is what you would like to do then Lyon Financial could be your last search stop. This article provides you with helpful information on home improvement loans for your swimming pool by Lyon Financial.

Lyon financial is financial service company with over 30 years experience in the pool loan industry. The company is truly a pool financing specialists. What ever your need is in financing that has to do with pool, you can request for the loan from this lender.

When you opt for Lyon financing, the personnel you deal with are committed to meeting your needs and offer worthy service. On the average, loan officers with Lyon financing have 8 years of experience.

The interest rate of going for any swimming pool loan with this company is low and fixed. You still have to continue paying the same rate because it is does not change. This is true considering the fact that your pool will definitely add value to your home after the improvement. Other lenders or banks don’t consider this and insist on increasing the rate of interest.

Finally, you have all to gain and nothing to lose with swimming pool home improvement loan from Lyon. At www.lyonfinancial.net you can get additional information.

Home Improvement Loans for your Swimming Pools

Swimming pools add to beauty and exquisiteness of your home. Having one installed at the back, front, or inside your home is a worthwhile investment. This is because it improves the financial worth of you home and as well giving you and your family a relaxing luxury.

One of the most significant home improvements you can do is renew or install a new swimming pool. Embarking this any of these projects can cost you fortune. What happens if your savings are not sufficient to complete this project? However, there is a way you can access finance to install or repair your swimming pools in your home without stress. This is by availing home improvement loans for swimming pools.

This article provides you with useful hints on home improvement loans for your swimming pool project.

There are so many companies out there that offer individuals home improvement loans. The lenders could be your current mortgage lender or some other financial institutions. Government agencies like the Department of Housing and Urban Development (HUD), the Federal Housing Administration (FHA), the VA (Department of Veteran Affairs), etc have programs that assist you with funding for any type of home improvement you intend to engage in. Swimming Pool repairs or installation is among the projects you can avail such loans for.

If you need home improvement loan for your swimming pool then you must first look out for reputable and affordable lenders. You can start this by asking you current mortgage lender, referral from friends and loved ones, or you can as well go online. Yes, there are many lenders you can access financing from online. 

Once you get a list of potential lenders that offer this loan, then you have to compare their quotes, terms and conditions for the affordable one. For sure, you even while you desperately need to improve your swimming pool, you still don’t want to go for a loan with unbearable terms and conditions. You can get affordable loans with low fixed interest rates and flexible repayment plans. Your key to getting this is through adequate research and comparisons!

One important point you should not note is that even if you have no equity in your home, there are still companies that can offer you swimming pool home improvement loan. In this case, the interest rate will be higher than if you have equity in your home.

Finally, one of the easiest ways to get financing for home improvements is to access online lenders. This process is easy to apply with fast approval. You can consider going for your swimming pool home improvement loan online now.

How the Indian Home Loan Guarantee Program (Section 184) works

If you think you are eligible for the Section 184 Indian Home Loan Guarantee Program then you must really understand how to avail yourself of this loan. This is important to get a fast approval of funds. Below is what you should do to access this loan with ease.

You must apply for this loan from the office of the HUD approved Section 184 lenders. The list of such lenders is available at the office of HUD or you can access it online.
When you apply, you are mandated to pay a 1% loan guarantee fee at closing. This fee can be paid in cash or it can be financed as part of the mortgage.

After your application, the lender will evaluate your application and all necessary documentations. Hereafter, the applications and documentation would be submitted for approval to the HUD's Loan Guarantee office. If all requirements are met then your application is as good approved.

You can utilize the approved loans for the following: construction of new housing, acquisition and /or rehabilitation of existing housing (home improvement), and refinancing of your existing mortgage.

The HUD office of Loan Guarantee will provide you with additional information on eligibility for the Section 184 Indian Home Loan Guarantee Program or you can visit www.hud.gov for further information.

Eligibility for the Indian Home Loan Guarantee Program (Section 184)

Since 1992, the Section 184 Indian Home Loan Program has been providing homeownership and housing rehabilitation opportunities for Native Americans, families, tribes, and Alaskan Natives. Tribally designated housing entities, (which include Indian Housing Authorities) on approved Indian area or land are equally eligible for this loan.

The loan can be used to purchasing new home, construction and rehabilitation of designated homes in the community. Hence, it is a loan you can avail to get a comfortable dwelling in your rural Indian district.
In addition, Congress approved this loan to Indians because of the Unique Status of Indian lands and to improve access to capital for Native Americans. This also includes private funding opportunities for the tribal housing agencies.

Eligibility for the Section 184 Indian Home Loan Guarantee Program include: Native Americans or Alaska Natives that have enrolled for a federally recognized tribe; a member of an Alaska Village and Regional Corporation established pursuant to the Alaska Native Claims Settlement Act; an Indian tribe; a Tribally Designated Housing Entity (TDHE) and an Indian Housing Authority (IHA).

Further information on eligibility for this loan can be accessed from the www.hud.gov

Section 184 Indian Home Loan Guarantee Program - Home Improvement Loan for American Indians and Alaskans

Do you know that there is provision for American Indians to take advantage of home improvement loan? Yes, there is such loan and the US Department provides it for homeowners as the Indian Home Loan Guarantee Program (Section 184).Accordingly, if you are an American Indian, or from rural Alaska then this loan provision can help you improve your tribally designated homes.

The Section 184 Indian Home Loan Guarantee Program is provided for designated communities of the tribes mentioned above. Precisely, this is a home mortgage loan that borrowers can avail with low down payments. Also, there is no monthly insurance attached with it. The underwriting for this loan is flexible.

The features of the loan include 2.25% down payment for loans that are more than $50,000; 1.25% down payment for loan below $50,000; 1% one-time guarantee fee to be added to your financial loan.

You can carry out your desired needs with this loan option. Hence, if you need financing to buy a new home, rehabilitate or construct your house then this option could be ideal for you.

One of the important things to do if you desire this loan is to get well informed about it. There could be special classes in your community where you can get educated on how to access this loan. (But of course this may not be really necessary!).

However, since the HUD guarantees with this loan, it then becomes necessary to get your information from this government agency. On their website www.hud.gov you can download the Sections 184 Participating Lenders List to have access to HUD approved lenders.

So, contact the HUD today or any of the HUD - approved lenders of Section 184 for your loan. Alaskans and American Indians (Native Americans) should take note of this information.

Indian Home Loan Guarantee Program (Section 184) - Lenders Participation

The Department of Housing and Urban Development (HUD) provides mortgage home improvement loans to Native American and Alaskan natives as Indian Home Loan Guarantee Program (Section 184). This financing is a loan guarantee from the Department and approved lenders issue give out such loans after the necessary documentation and the loan guarantee has been approved.


If you are eligible (as an American Indian or Alaskan Native) then you can apply for this loan through any of the HUD approved lenders. This article highlights how lenders can participate in the program.
Firstly, the participating lender must have concluded Section 184 training. Thereafter they can participate to originate and service loans to beneficiaries.


Lender can participate if they are:

 Approved by the HUD/FHA to take part in the single-family mortgage insurance program.

 Approved by the HUD/ONAP to originate Section 184 loans

 Authorized by the Veterans Administration (VA) to originate automatically guaranteed housing loans.

 Approved by the Department of Agriculture to make loans for single-family housing.

 Supervised, approved, regulated or insured by any agency of the Federal government Tribal loan funds, credit unions, and CDFI"s are encouraged to apply to be Section 184 approved lenders based on past lending experience.


These are the criteria put in place to become an approved lender of the Indian Home Loan Guarantee Program (Section 184). You can access more information from www.hud.gov