Financing Options
If you own a home or commercial property, you know that repairing or replacing a roof is a necessary and costly purchase. At Signature Exteriors, we know that roofs can cost individuals several thousand dollars. We also know that the average person does not have thousands of dollars to spare out of pocket.
If you wonder how you will pay for your roof, we want to share insight on payment techniques. Choose the most cost-effective strategy for you.
Payment Plans
Some roofer companies offer payment plans to make costs more affordable and accessible. Payment plans allow consumers to spread out payments over several months or years. Most plans charge interest rates alongside monthly payments. Contact the roofing company for more information on programs, requirements, and interest rates.
Insurance Coverage
If you have insurance for your property, you might be able to use your insurance policy to pay for a new roof. Usually, insurance policies cover roof replacements or repairs if the damage came from a fire, theft, or natural disaster. For more information, contact an insurance agent.
Loans
A loan is a borrowed amount of money that the borrower will pay back with interest. There are three main loan options for roof repairs and replacements you can use to pay the cost.
1. FHA Title 1 Home and Property Improvement Loan
3. Personal Loan
Each lender has its requirements and interest rates. Depending on your financial situation, some loans are smarter to take out than others. For example, if you have equity built up in your home, a home equity loan is the best option.
If you are ready to discuss roof pricing, payment options, and services, reach out to our trusted company today. At Signature Exteriors, we provide roofing services to counties surrounding St. Louis, MO. Just call (314) 827-5376 for more information!