Can You Get Financing for Roofs?
A Dramatic Need
When your roof is in need of repairs or replacement, your bottom line can be impacted. Although Eagle Watch Roofing is very affordable, some customers may need to find outside financing, due to recent hardship or not wanting to dip into an emergency fund. Here are some good and not-so-good alternatives:
- Friends and Family: If you have made a lot of deposits into the bank of good will, you may be able to make a sizable withdrawal. When money is tight, you may be able to lean on your loved ones to help you through this season, with the intention to pay them back later. This is a good last resort, but a not-so-good first one.
- HELOC: A Home Equity Line of Credit can be a good place to find funding for your roof repair or replacement. With this type of credit, you are essentially borrowing against the equity in your home. The interest rates are typically low, depending on your credit rating and relationship with your lender. This is a good place to start, if you have equity. If you don’t, you won’t be eligible.
- A Finance Company: If you don’t want to lean on family, or touch the equity in your home, third party financing may be the best option for you. Eagle Watch uses Home Improvement Loan Pros. They match you with up to 50 different programs to meet your needs. They help with loans for any purpose, up to $100,000. This is a great option. And we are already set up to do business with them.
Don’t make your roof wait. It protects your home and your family from the elements and much more. If you need to move forward, but don’t have the funds on hand, just click here to learn more about the options we have available.