Your Comfort is Our Craft.
Here at J&M Pool Company, we strive to provide exceptional service and creative solutions. We’re here for you.
HELOCs Powered By Your Credit Union
The Home Equity Line of Credit (HELOC) has been a fixture in home improvement lending for decades. HELOC is the fastest growing loan program due to low rates, long repayment terms, and an efficient process!
Why a HELOC?
Financial Flexibility:
- Increases buying power compared to a closed-end loan.
- Funds can be used for various needs, including home improvements and additional items (e.g., furniture for around the pool).
- No need for additional loans or credit pulls for further home projects.
Versatility and Eligibility:
- Many homeowners with equity will be approved across a prime and near-prime credit spectrum.
- Applicable to second homes and investment properties.
- Possible tax deductions for interest paid.
- No need for a traditional appraisal up to $400,000.
Interest Rates and Payments:
- Variable interest rates with fixed available.
- Rates start below prime 30-year repayment period with interest-only payments options available during the 10 year draw period.