We’ve said it before and we’ll say it again. Any kind of major home project, be it a roof system replacement, siding replacement or all-new windows and doors, is a significant investment. What’s more, home improvements like these often surface when we least expect it (as a result of damage from severe weather, a job change that prompts the selling of a home, etc.), making it difficult to plan for the expense.So what’s a homeowner to do when money is tight and it’s time for an extensive home repair or replacement? There are options.
We don’t claim to be the “experts” on financing and money management, but we do claim expert status when it comes to helping our clients get the best possible result in the most convenient, affordable way.
Get a private loan.
A measure many homeowners take in order to shoulder the commitment of a major renovation is to acquire a private loan. This loan may be in the form of a home equity line of credit (HELOC), loan from a 401(k) or even a personal loan from a bank or credit union. There are advantages and disadvantages to each of these types of loans. If you are in good credit standing, a home equity line is a lower interest option. A bank loan may have higher interest rates. And if you have the opportunity to borrow from your 401(k), think twice – depleting retirement funds is always a risky move.
Finance through your contractor.
This option is definitely less known among homeowners, largely because most contractors don’t offer it. When it comes to projects like roofing or siding replacement or whole-home
, a good contractor will work closely with you from beginning to end. Some companies, like Roofing & More, can help you through the financing process, too. Keeping all aspects of the project “under one roof” means one less thing for you to worry about. At Roofing & More, we have a plethora of
. Let’s start with our same-as-cash program: no deposit required, no payments and no interest for up to 12 months. Another is our “zero interest for 36 months” offer: simply take the total project investment amount, divide it by 36 and that’s your monthly payment. It’s simple and affordable! These are just two of our most popular offerings.
Interested in improving your home with new Alexandria roofing, upgraded siding, replacement windows or doors, but unsure how to pay for it? Call [company_number] or contact Roofing & More for exceptional service with integrity, as well as highly doable financing options. Expect more. Get more.
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