FOR IMMEDIATE RELEASE
Home Service Financing Expands Lender Network with Zero-Dealer Fee Option for All Borrowers
Florida, July 5, 2023 (USANews.com) – Home Service Financing, a leading Fintech company specializing in contractor and homeowner financing solutions, proudly announces the addition of a groundbreaking lender to its platform of 300+ lenders. This strategic partnership is set to transform the contractor-homeowner relationship and empower homeowners to address their repair or home improvement needs promptly and affordably.
With Home Service Financing’s innovative financing solution, contractors can seamlessly offer homeowners flexible payment options, minimizing friction during the quote process and enhancing their chances of winning more jobs. The platform’s recent onboarding of a new lender, renowned for its unique underwriting approach, has the potential to be a game-changer in ensuring the success of contractors and homeowners alike.
One of the standout features of this new lender is its commitment to serving borrowers across the entire credit spectrum. Regardless of the borrower’s FICO score, the lender remains a zero-dealer fee lender. This means that contractors and homeowners can enjoy the benefits of flexible financing solutions without any additional charges, enhancing their financial freedom and enabling them to make informed decisions about their home improvement projects.
Home Service Financing’s network of 300+ lenders has always aimed to provide tailored financing options to contractors and homeowners. The addition of this new lender further expands the company’s reach, ensuring that individuals with FICO scores as low as 600 can access instant credit decisions. This opens up opportunities for borrowers with both prime and subprime scores to secure funding for their home improvement projects and repairs.
Furthermore, Home Service Financing offers attractive financing options to borrowers across the credit spectrum. For borrowers with good credit, the platform provides loans with an Annual Percentage Rate (APR) as low as 8.99% and 15-year loan terms with a Payment Factor below 1%. This competitive offering empowers homeowners with good credit to pursue their dream renovations or address essential repairs without the burden of exorbitant interest rates.
In addition to these exciting developments, Home Service Financing’s existing network of lenders continues to provide competitive rates starting from 3.99% for prime borrowers. The platform ensures real-time competition among multiple lenders, offering financing options for borrowers with FICO scores as low as 350. This comprehensive network demonstrates Home Service Financing’s commitment to serving all individuals in need of financing, regardless of their credit history.
Home Service Financing’s innovative platform and ever-growing network of lenders have established the company as a frontrunner in the fintech space. With the introduction of this new lender, the company continues to empower contractors and homeowners, enabling them to transform their visions for their homes into reality.
For more information about Home Service Financing and its financing solutions, please visit homeservicefinancing.com
About Home Service Financing:
Home Service Financing is a leading fintech company that specializes in providing contractor and homeowner financing solutions. Through its innovative platform and network of 300+ lenders, Home Service Financing connects contractors and homeowners, offering flexible payment options and empowering individuals to address their repair or home improvement needs promptly. With a commitment to serving all borrowers, regardless of their credit history, Home Service Financing ensures that individuals can access competitive rates and financing options tailored to their unique requirements.