Want to make summers a bit cooler? For homeowners or home buyers wanting to add a pool to their backyard, a pool escrow loan is one of the most popular ways to achieve that goal.
Available on conventional and jumbo loans, a pool escrow creates a dedicated account to cover the costs of the pool construction. And the good news is, those costs are rolled into your mortgage — either through purchasing or refinancing — so you will only have one monthly payment with a single loan.
Discuss more about a pool escrow with your local PrimeLending loan officer when you’re ready.