Financing

 

Rose Hill Builders is a trusted home builder in the greater Oklahoma City area. We offer a range of home financing options to help you turn your house into a dream home. Whether you are interested in roofing, pools, or any other home improvement project, our team can work with you to find the best financing solution for your needs.

We have partnered with four financial institutions to provide easy borrowing options for our clients: Lyon Financial, HFS Financial, Wells Fargo, and Viking Capitol. Here’s a quick overview of each company and the loan products they offer:

Lyon Financial

Lyon Financial is a leading provider of home improvement financing. They offer a variety of loan products, including unsecured personal loans, secured home equity loans, and lines of credit. With over 40 years of experience and 500,000 satisfied customers, Lyon Financial has the knowledge and expertise to help you find the right loan for your home improvement project.

They specialize in pool and home improvement loans but can finance almost any home improvement project. They split their loans into two different categories: Unsecured swimming pool loans and Backyard Living Loans.

The ‘unsecured swimming pool loan‘ has a maximum loan amount of $200,000 with repayment terms up to 25 years. The interest rate with this lender is considerably low, starting at only 4.99% APR. This loan has no prepayment penalties, so you can pay it off early without any fees.

Their ‘backyard living loan‘ is a home equity loan that can be used for any home improvement project, not just backyard living projects. The maximum loan amount is $125,000, and the repayment terms are up to 20 years. The interest on this type of loan is comparable to the previous, starting at 4.99% APR.

One thing distinguishing Lyon Financial from its competitors is that they don’t use artificial intelligence or algorithms to make lending decisions. Instead, they have a team of experienced loan officers who will work with you one-on-one to find the best loan for your needs. A real person reviews your loan application and decides based on your circumstances.

You can also combine multiple loans from Lyon Financial to finance your entire home improvement project. The monthly payments will be lower than if you took out a single loan for the entire amount. This can be a great option if you have a large project or multiple projects that you want to finance.

HFS Financial

Next, we have HFS Financial. HFS is a national leader in home improvement financing. As a slightly younger company, they have a more modern approach to lending. Their goal is to make the loan process as simple and transparent as possible. With their 60-second loan application, you can get pre-approved for a loan in just one minute.

After applying, you’ll receive a text, call, or e-mail within 1-2 hours. Funding will be available as soon as 24-48 hours after you’ve been approved.

HFS offers an impressive array of loan options, including swimming pool loans, roofing loans, and pole barn loans, all services that we offer at Rose Hill Builders. Loan amounts range from $1,000 for smaller projects to $500,000 for more extensive jobs. The repayment terms are anywhere from 12 to 240 months, so you can tailor your payment plan to fit your budget.

The interest rates for HFS personal loans are very competitive, starting at only 5.49% APR. Plus, the fact that they are personal loans means no collateral is required. This makes them an excellent option for those who don’t have equity in their home or don’t want to put their home at risk.

Wells Fargo

As one of the largest banks in the United States, it’s no surprise that Wells Fargo offers home improvement loans. This full-service bank offers unsecured personal loans for any renovation project inside or outside your home. The loan amount can be as low as $3,000 or as high as $100,000. The repayment terms range from 12 to 84 months, depending on the loan amount and your creditworthiness.

As for interest rates, they go from 5.74% to 20.99% APR. Wells Fargo home improvement loans also have no origination fee or prepayment penalty. This makes them a great option if you want to save money on interest or pay off your loan early. If you’re a Wells Fargo customer, you may also be eligible for a 0.25% off your interest rate as part of the relationship discount.

To qualify, you must have an existing checking account with Wells Fargo and make automatic payments from that deposit account. The decision will be made within minutes, and you can have the funds deposited into your account as soon as the next business day.

Applying for a home improvement loan with Wells Fargo is quick and easy. You can apply online through their website or in person at a branch location.

They also have the ‘Outdoor Solution’ credit card, which you can use for any home improvement purchase. The card comes with 0% APR if paid in full within the promotional period months. After that, the interest rate will go up to 28.99% APR.

Viking Capitol

Last but not least, we have Viking Capitol. Since 1999, Viking Capitol has been providing loans for home improvement projects. They are a direct lender, which means they make all the decisions on your loan, and there are no middlemen. This makes the process more efficient and saves you time and money.

What started as a pool loan company has grown into a full-service home improvement lender. The loan amounts are split between projects under $15,000 and projects over $15,000. The former has interest rates as low as 5.99% APR, while the latter has rates starting at 6.49% APR. Loan terms are up to 20 years, so you can make smaller monthly payments.

Note that you’ll need a credit score of 650 or higher to qualify for a bigger loan with Viking Capitol. They work with multiple lenders, so you’ll get the best terms available based on your credit score and the amount you’re looking to borrow. The choice will be up to you once you’re approved.

Applying for a loan with Viking Capitol is quick and easy. Their online application takes less than 5 minutes to complete. They also offer free consultations to help you figure out which loan is best for your needs.

Get Started with Your Project

 

So, there you have it! These are the four financial institutions that we have partnered with to provide easy borrowing options for our clients. If you have any questions about the process or which loan is right for you, please don’t hesitate to contact us. Rose Hill Builders is here to help you every step of the way, from financing to design and construction.

We’re your one-stop shop for all your home improvement needs.