Your house roof is a major investment in your home. When damage occurs or simply the age of the roof, repairs or replacement can come with a high up-front price. However, all is not lost, there are quality and smart financing options that can help homeowners protect their home.
We offer flexible options to homeowners in Houston and Katy to get a roof on their home without stress to their financial situation. This blog is all about finding the best roofing financing options near you and how to finance your roofing project today.
Reasons to Consider Roof Financing
Your roof is critical for ensuring that everything you care about is protected from the elements. When it is damaged or nearing the end of its life, it can create expensive problems down the line, including water damage, mold issues, or energy loss.
We often hear objections from homeowners who want to repair or replace their roof but decide not to complete the work because of their budget.
The main reasons for roof financing are:
- Protect your home right away without depleting your savings
- Affordably make the repair/replacement by separating the entire cost into smaller monthly payments
- Lock in a fixed interest rate that you can use as part of your budget
- Get quick access to funds so you can receive money fast when there’s damage in your area.
- Many financing programs will not charge a prepayment penalty
Roof replacement financing Houston can enable you to act on your roof now and pay for it over time in a way that will protect your family and home from rain.
How to Finance Your Roofing Project in Houston & Katy
There are many ways to finance your roof project, and it’s beneficial to know the options available to you so you can decide what is best for you.
Contractor Financing Programs
We work with established and trusted lenders who provide competitive rates and rapid approval. These financing programs are made specifically to meet the roof replacement needs of Houston homeowners.
What can you expect?
- No credit score checking until pre approval
- Underwriting decisions are typically made in hours not weeks
- Loan amounts can be up to $250,000 for major projects
- Re-payment plans are flexible, typically 5-7 years
- Fixed monthly payments
Home Equity Loans and Lines of Credit
For homeowners with equity in their home, HELOC or home equity loans can be used for roof repairs or roof replacements.
Benefits:
- Typically lower interest rates than personal loans.
- Interest can be tax deductible.
- Can borrow large sums for large projects.
Personal Loans
Both banks and credit unions will lend personal loans for home purposes. Personal loans would be advantageous for smaller roof repair projects or when the homeowner prefers to not deal with home equity.
Financing Plans for Various Credit Issues
Concerned about a credit score? Numerous programs exist to assist you.
Available Programs:
- 100% financing with little credit criteria
- Options for those with credit challenges
- No hard credit check pre qualification
- Approval based on income and property ownership, not credit perfection
Hart Roofing works with lenders who understand that life happens. Bad credit does not have to equal roofing payment plans.
What’s Special About Hart Roofing Services
With us, you are getting much more than a loan; you are getting expert advice.
- Provide a professional inspection to determine the actual repair requirements
- Offer accurate cost estimates with no hidden fees
- Assist you in evaluating your financing
- Give you quality work and offer warranties
- Provide local knowledge of the environmental challenges facing Houston and Katy
We understand the stress associated with roofing emergencies, and wants to help you find the right financing, not just the fastest.
Financing your roof repair project is easy
Getting started:
- Call Hart Roofing to receive a no-cost roof inspection and estimate.
- Discuss financing options tailored to your credit and budget.
- You can apply online or in person, it won’t take long, a few minutes.
- You will receive a pre-approval status without them impacting your credit score.
- Once you review the offers, choose which terms are best for you.
- Approval and funding happens within 1 to 3 business days.
- You can then schedule your work and get started right away!
Intelligent Strategies for Discovering the Most Advantageous Roofing Loans
Prior to applying:
- Determine what you require (repair versus replacement versus maintenance)
- If possible, inspect your credit
- Compare multiple options, and do not go with the first option
- Ask about no-interest promotion period
- Be sure that they have no penalties for early payoff
- Be aware of the overall cost plus the interest
Insurance and Financing Can Work Hand-in-Hand
Many homeowners do not know that insurance deductibles can be financed as well. If your roof is damaged in a storm, your insurance covers most of it, but you still have to pay the deductible, leaving you with an out-of-pocket expense. Roofing loans to the rescue! They cover or bridge the deductible gap.
Insurance considerations:
- Some insurance policies cover the entire cost of replacement less your deductible.
- Financing your deductible means putting off the cost of the placement longer.
- After storms, make a claim with your insurance quickly to not miss deadlines.
- Hart Roofing will deal with the paperwork for your insurance claim.
Ready to get financing for your roofing project?
Roofing issues are not going to resolve themselves, and putting it off will only lead to larger and more costly problems. Whether you require emergency roofing repair financing or are planning the replacement of your roof, there are options that will work for your budget.
Don’t let the cost deter you from protecting your home. Call Hart Roofing today for a free inspection and to find out about roofing payment plans for homeowners in Houston and Katy.
Our team will match you with financing options that offer flexible terms that make sense for your circumstances. We take away the complexity of the financing options so you can get back to what you were doing. Protect your family and keep a quality roof over your head.
Call Hart Roofing today or request your complimentary financing consultation. Let’s find a solution for your roofing problem.
