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With LightStream’s pool loan, you can eliminate the difficulty of finding financing and get to planning your new pool. And its low fixed APR and lack of fees can offer savings over other pool loans. But your funds can only be used for a pool, and you’ll need a credit card to qualify.
$100,000
Max. Loan Amount
From 6.99%
APR
Good to excellent credit
Minimum credit score
Min. Loan Amount | $5,000 |
---|---|
Max. Loan Amount | $100,000 |
APR | From 6.99% |
Interest Rate Type | Fixed |
Minimum credit score | Good to excellent credit |
Loan term | Flexible |
Turnaround Time | Varies |
Obtaining financing for your new swimming pool through LightStream is a simple online process. The loan can offer significant savings with a low APR and no fees. It can even be used to repair or update an existing pool. But not everyone qualifies. LightStream requires good to excellent credit. Loan amounts range from $5,000 to $100,000,
If you're approved, you must transfer the funds to your bank account within 30 days. After 30 days, you will need to reapply.
Let's take a look at the details of the interest rate:
Interest rates are based a combination of loan amount, loan purpose and length of the loan. Your exact interest rate is based on your credit profile and ability to repay the loan.
Applying for a home improvement loan through LightStream is a simple online process that takes about 10 minutes. You will receive a response quickly if you apply during business hours.
To apply, you’ll be asked for your:
If approved, simply e-sign your documents, set up payment information and set up your loan for funding. You can even receive your funds that same day, if you meet certain requirements§.
You can receive your funds the same day if you apply during a banking business day. If your application is approved, you must then complete the following steps by 2:30 p.m. EST:
Before you start looking for contractors to build your new pool, understand how to make payments on your loan and take advantage of its features.
Applying for a LightStream loan is a simple process for applicants with good to excellent credit. If your credit history enables you to qualify, this loan is a great option to finance your new pool. However, if you don't qualify or want to use your loan funds for more than just financing a swimming pool, you should compare your other personal loan options before making a final decision.
No. LightStream doesn't charge a pentalty or fee if you choose to pay off your loan early.
Technically, yes. LightStream is the online consumer lending division of SunTrust Bank.
No. LightStream serves customers across the United States.
Applicants typically receive an answer quickly during business hours. If additional information is required, a LightStream representative will follow up through email. The timing of LightStream’s response depends how quickly you provide the requested information.
*Payment example: Monthly payments for a $25,000 loan at 6.89% APR with a term of 12 years would result in 144 monthly payments of $255.63.
† After receiving your loan from LightStream, if you are not completely satisfied with your experience, please contact them. They will email you a questionnaire so they can improve their services. When they receive your completed questionnaire, they will send you $100. LightStream’s guarantee expires 30 days after you receive your loan.
LightStream reserves the right to change or discontinue their guarantee at any time. Limited to one $100 payment per funded loan. LightStream and Truist teammates do not qualify for the Loan Experience Guarantee.
§ You can fund your loan today if today is a banking business day, your application is approved, and you complete the following steps by 2:30 p.m. Eastern time: (1) review and electronically sign your loan agreement; (2) provide us with your funding preferences and relevant banking information; and (3) complete the final verification process.
With LightStream's pool loan, you can eliminate the difficulty of finding financing and get to planning your new pool. And its low fixed APR and lack of fees can offer savings over other pool loans. But your funds can only be used for a pool, and you'll need a credit card to qualify.
LightStream swimming pool loan is not currently available on Finder
Have you considered Best Egg personal loans?
A prime online lending platform with multiple repayment methods.