Frequently Asked Questions
What Is Pasha Funding?
Pasha Funding is a financing marketplace that helps qualified homeowners compare financing offers from a network of independent lending partners through one simple application. Rather than lending money directly, we connect homeowners and contractors with financing options that may help make home improvement projects more affordable. All loan approvals, underwriting, funding, and servicing are handled by the lending partner. To become a partner, click here to learn more.
How Does Contractor Financing Work?
Contractor financing allows homeowners to spread the cost of eligible home improvement projects into fixed monthly payments instead of paying the full amount upfront. Through Pasha Funding, qualified applicants can submit one secure application and compare available financing offers from multiple lending partners. If approved, the homeowner selects the financing option that best fits their needs, and the lender funds the contractor directly according to its funding process and requirements.
Will Checking Financing Offers Affect My Credit Score?
Many applicants can check available financing offers through an initial soft credit inquiry, which does not affect their credit score. If you decide to move forward with a financing offer, the selected lending partner may perform a hard credit inquiry before final loan approval. Any required hard inquiry will be clearly disclosed before you proceed.
What Types of Home Improvement Projects Can Be Financed?
Financing may be available for many home improvement projects, including roofing, HVAC, kitchen remodeling, bathroom remodeling, windows, doors, siding, flooring, solar, plumbing, electrical work, fencing, landscaping, pools, and other eligible improvements. Available financing options depend on the lending partner, project type, state availability, and applicant qualifications.
How Much Can Homeowners Borrow?
Available financing amounts vary by lending partner and individual qualifications. Loan amounts are determined using factors such as credit history, income, debt-to-income ratio, requested loan amount, project cost, and the lender’s underwriting guidelines. Qualified applicants may receive multiple financing offers with different loan amounts, repayment terms, and interest rates.
How Long Does the Financing Process Take?
Many applicants receive a financing decision within minutes after submitting an application. Some applications may require additional review or documentation before a final lending decision is made. Once approved, funding timelines vary depending on the lending partner and the completion of any required documentation.
Who Makes the Financing Decision?
Pasha Funding does not approve or deny financing applications and does not make lending decisions. All approvals, underwriting, loan terms, interest rates, repayment schedules, and funding decisions are made solely by the independent lending partner based on the applicant’s qualifications and underwriting criteria.
Why Do Contractors Offer Customer Financing?
Offering financing gives homeowners more flexibility by allowing them to pay for larger home improvement projects over time with predictable monthly payments. For contractors, financing can help reduce price objections, improve close rates, increase average project values, and provide customers with more payment options during the buying process.
Is Pasha Funding Available Nationwide?
Yes. Pasha Funding works with contractors and homeowners throughout the United States through a nationwide network of participating lenders. Financing availability may vary by state, lender participation, and applicant eligibility.
Why Choose Pasha Funding?
Pasha Funding simplifies the financing process by allowing qualified homeowners to compare financing offers from multiple independent lending partners through a single application. Contractors can offer flexible payment options without becoming the lender, while homeowners gain a convenient way to explore financing solutions that fit their budget and project needs.
Does Pasha Funding Lend Money Directly?
No. Pasha Funding is not a lender. We are a financing marketplace that connects homeowners and contractors with independent third-party lending partners. All underwriting, credit decisions, loan approvals, funding, repayment, and loan servicing are handled solely by the lending partner.
What Credit Score Is Required?
There is no single minimum credit score required to apply. Each lending partner uses its own underwriting criteria, which may include credit history, income, debt-to-income ratio, and other financial factors. Checking available financing offers does not guarantee final approval.
