7 Companies That Can Help You Finance Your Roof
As we all know, replacing or even repairing a roof is not easy. Besides the amount of work, a significant amount of money is necessary for such a job. Since not everyone can afford to pay for the roof replacement immediately, and some issues demand it be replaced on the spot, there is good news. Some construction companies are helping their customers finance roofing, while you can also contact financial companies working with personal loans and get one for home improvement.
We will give you a brief insight into some of these companies and terms for roof financing.
How To Finance Your Roof With Help
So here’s our list of companies that may help you finance roofing.
1. Long Home Products
Offering different services such as roofing, repair and replacement of windows, doors, and bathrooms, Long Home Products is a lovely place. However, what makes them special is the assistance that they are giving to customers. Since they’re aware that some problems cannot wait and not everyone can afford to pay for repair or replacement on the spot, this company also assists you with financing. Clients can get checks, credit card payments, financing through purchasing their products, and more. You can get an unsecured loan of up to $75,000 without prepayment through different banks, so you can choose the payment plan that suits you the most, which means that you can quickly repair or replace your roof.
2. Provenroofing.com
Another company that can assist you with financing the roof is Proven Contracting. As you can tell, this is a construction company aware that their clients need assistance with extensive repairs, so they have decided to help. You will make a payment plan with the company’s representatives and agree on the amount and the loan period.
3. Upstart.com
If you cannot find a contractor willing to assist you with financing, you can go for personal loans. Many companies support refinancing of an old loan, car purchase, and even home improvements. Now, the trick is to find a trustworthy company with positive reviews and solid conditions. After all, you don’t want to pay double the amount you’ve loaned. Upstart is one of the places with remarkable reviews. Allowing you to repay the loan at any time without penalties, giving you a quick assessment and affordable interest rate, this website should be a place to search.
4. Redriverroofing.com
Back to contractors, you can choose Red River Roofing. Serving most of Oklahoma, this construction company offers up to 100% financing your roofing. Their GreenSky financing gives you 3 options – 18 months, 48 months, and 60 months loan period. For 18 months, you have no down payments and no interest rate during the promotional period, which is why they advertise it as “same as cash.” On the other hand, 48 and 60 months are called “equal payments,” where you have no interest during a 48-month promotional period, and you have a fixed interest rate of 2.99% for 60 months loan. All the loans can go up to $55,000.
5. Acornfinance.com
Acorn Finance offers roofing financing and roofing replacement financing that doesn’t affect your credit score. And it’s pretty essential for the future. They also give you pre-approved answers within minutes, giving you a general idea of where you stand and how much you’ll have to pay in return. Loans can go up to $100,000 with a payment period of 12 years and an interest rate starting at 3.99%. Sometimes, you can get funds within 1 business day, making everything smooth and easy.
6. LightStream
LightStream is a division of SunTrust bank with specialized loans for home improvement. The funds can be approved on the same day you submit your request if they think you’re qualified. The APR starts from 3.99% with AutoPay or 4.49% without AutoPay. There are no prepayment penalties, no hidden fees, and you can choose a payment period within 12 years. There’s a calculator on the website where you can get some amount to think about, along with several repayment periods.
7. Marlette Funding LLC
Marlette Funding LLC is behind the website bestegg.com, offering personal loans for home improvement. Loan amounts can range between $2,000-50,000, and APR goes from 5.99%-35.99% depending on your qualifications. The funds will be deposited to your bank within 1-3 business days after being approved. A personal loan calculator shows you how much you could potentially save with different loan types and different payment periods.
If you have no money to finance your roof straight away, these are some of the best picks. Choose the one that suits you the most, and start with reroofing before it’s too late!