Nowadays, you don’t have to save for years to pay for an upcoming home improvement project. In addition to cash and credit cards, there are many convenient financing options available to homeowners. In this blog, [company_name]. takes a look at the different ways your home improvement could be funded.

  1. Cash — Cash remains the best way to pay for any home improvement since you won’t have to pay interest on a credit card or loan. It also presents the greatest challenge because saving up for a major project can take a long time, and you may not have time if the improvement is an emergency.

  1. Credit Card — Credit card payments are ideal for projects with an estimated cost of $15,000 and below, such as replacement windows. The cost can be easy to pay for within 24 months, and you can take advantage of zero-interest plans. It also presents less risk as it doesn’t require using your home as collateral.

  1. Personal or Unsecured Loan — Personal or "unsecured" loans are an option for projects that cost between $15,000 and $50,000. Unsecured loans do not require collateral. Note that this type of loan usually has the highest interest rates.

  1. Secured Loan — With a secured loan, your home will be used as collateral, which can be ideal for large improvement projects that cost above $50,000. There are three types of secured loans: a cash-out refinance, a home equity loan and a home equity line of credit (HELOC).

  1. Contractor Financing — Reputable contractors such as Roofing & More offer home improvement financing, which is ideal for short-notice projects. We offer flexible terms, payable in 36-, 48- and 60-month periods with a zero-percent interest rate on qualifying projects. We also offer no-payment, no-interest (NPNI) programs for customers who opt for 6-, 12- or 18-month payment periods. This option requires no downpayment and no installments; the total amount will be due at the end of the agreed time period.

Roofing & More, Inc. is the leading provider of home improvement services in Northern Virginia, including replacement of windows and entry


. Get your home ready for winter weather! Give us a call at (703) 828-1620 or fill out our

contact form

. We serve customers in Chantilly and Alexandria, VA, along with many other NoVa communities.