If you don’t have much equity, you’re probably not going to qualify for a home equity loan or HELOC. Your best bet when looking at pool loan options is to find a lender that does personal unsecured loans. If your credit rating is good, you shouldn’t have much problem getting approved for upwards of $50,000 on pretty good terms. Best advice is to use a pool loan calculator to find out what your payments.

Average rate with good credit starts at around 9 or 10%. Excellent credit, you can get up to $150,000 with around 5%-6% interest. Best of luck with your search Billy.