Pool Loans!


  • 100% Distribution at time of funding
  • No Inspection required
  • 75% value add-back for improvements
  • Competitive rates
  • Flexible terms
  • Loan Amounts up to $200,000
  • 90% CLTV(combined loan to value)

Home Value $150,000
Customer’s 1st lien $120,000
Pool Contract $30,000
150,000+22,500 (improvement add-back)= 175,250
175,250 * 90%=155,250
155,250-120,000= 35,250 – You can finance the entire scope of the project.
Checks are cut in accordance to their contract. They are made payable to the borrower(s) on the loan and the contractor. Once the loan funds, the checks are sent overnight delivery to the customer.  They will endorse them and pay the contractor accordingly. Contractor will need to sign the check(s) when they deposit them.