One of the simplest ways of obtaining swimming pool financing, especially in the current economy, is to uses home equity financing. If you like your current interest rate, and you have enough equity built up, it can be a painless and low cost way of getting that new pool installed. Otherwise, you’ll have to go a different rout.

For a typical swimming pool financing, you’ll need reasonably good credit. A pool loan, with the exception of portable pools, is normally a long term loan. You apply for the loan through one of your bank’s long term home improvement loan programs. Before you talk to your banker, however, it’s a good idea to talk to contractors and get some estimates in writing so that when you’ll have some hard figures to show when you sit down to fill out the application.