Financing Your Residential Septic Tank in Boise, ID


There are many advantages to being on a septic system, including the overall lower costs compared to being on city water and the reduced impact on the environment. But, especially for new homes being built, the up-front costs of installing a septic tank can be difficult to come up with. At ASAP Septic, we aim to provide both top-tier services and to empower our clients with the information they need to make the right decisions for their families. Today, we'll be discussing financial aid options you can utilize if you are considering adding a septic system to your home. Options for private homeowners include: 

Home Equity Loan
A home equity loan is an option, but isn't one that can work for every family. A home equity loan will require a credit check and a verification of income to qualify, and you must have available equity in your home. However, most families don't use this option due to the fact that septic tank repair and replacement generally don't add up to enough of an expense to justify a home equity loan. 

Personal Loan
This is the most commonly used option for home improvement loans. Personal loans have fixed interest, but they also typically require a credit check and income verification, so that's something to keep in mind as you pursue options. 

State and Federal Funding
Although state and federal funding aren't available to just anyone, certain demographics will benefit from looking into these options to finance your septic tank. Elderly clients (ages 62 and older) may quality for grants dedicated to aiding the elderly, and the USDA offers loans for low-income families in rural areas. These rural area loans have low interest rates and are specifically for septic systems; however, the household income must be less than half of the median income of the area to qualify, so you will need to be aware of how your income compares to the average for your area. 

Although installing a septic system may seem daunting from a financial standpoint, there are options that can help ease the financial burden. We hope this article helps get your wheels turning and help you realize that there are more sources of aid than you may have previously known about. If you have any questions or would like more information, contact us online or give us a call at (208) 991-7184 today! We serve Boise, Meridian, Kuna, Nampa, Caldwell, Emmett, Middleton, Melba, McCall, Idaho, and all surrounding areas. 

Comments

Post a Comment

Popular posts from this blog

Septic Inspections in Boise, ID

Image
Whether you own a commercial property or a residential home with a septic system, you may come across a time when you find yourself in need of a septic inspection . Septic inspections are a wonderful service to utilize before buying or selling a home , as a professional will be able to give you an update on the condition of the septic system as well as any foreseeable repairs. You may also consider getting a septic inspection done as regular maintenance on your home, as they can identify any issues before they escalate. Our team of experts at ASAP Septic can help you figure out when to get an inspection here in southeastern Idaho, as guidelines differ based on the system’s age, size, usage, and local regulations. As a general rule of thumb, we recommend getting your septic system inspected once every three to five years; the exception to this rule is if you notice any signs of problems, such as slow drains, foul odors, sewage backups, or standing water in the yard. If you see any of
Read more

Video-Recorded Pipe Inspection

Image
Current and potential homeowners in Meridian, Boise, Cascade, Riggins, and throughout southwest Idaho: let's check the condition of your drain lines! Dropped your wedding ring down the drain? Flushed an important item down the toilet? We can find them! Our cameras can reach up to 200 feet, allowing us to treat any system no matter the size.  If you have backed up sewer drain pipes or you've been having any plumbing problems that you're curious about, our  drain line inspection services  are for you! Our newest pipe camera technology will provide you a way to see into your sewer line through a crystal clear, color video.  Choosing to inspect your drain lines with a high-quality video camera has several of benefits.  Our inspections will do no damage to your plumbing or to your yard.  The camera we use produces a clear picture that makes it easier for us to identify problems such as rust, roots, corrosion, and lost items. Inspection and cleaning/potential repair costs are m
Read more