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Financing Options
ROOFING PAYMENTS ACCEPTED
Resilient Roofing takes multiple forms of payment. We accept cash/check, all major credit cards and financing. Today we’ll talk a little more about our financing.
With the financing projects, there are multiple ways that happens. We offer five different options. We work directly with 2 financing companies to give you the most options at the lowest interest rates. And between the two companies we have options for 5 years, 7 years, 10 years, 12 years options. These are personal loans that don’t lend against the house. Like other personal loans interest rates will largely depend on your credit history, but since we have a large volume of business with lender we can get you the best deal. We get very low interest rates that we then pass on to you and we don't take any money from that service.
Another option is a 1 year 0 interest 0 down option. For 12 months after project completion you won’t need to spend a dime on your new roof. After 12 months, the loan interest rate becomes really aggressive, so make sure to pay for the roof within that first year! We recommend this to our clients that may not have planned for a roof repair and just don’t have the money right now, but will within 12 months. Roof repairs typically are not planned, one leak turns into another and you end up in a situation where you need a roof now! This is a nice option to have as you won’t have to make any payments for a year, but make sure you pay that loan off by the end of the 12 months!
Other options don’t involve us. That may be a refinance on the home, cash refinance, second mortgage, or home equity line of credit. These options are all fine for us, it’s just a personal financial decision for you. These options take the value of the house to pay for the project.
The beauty of roofing projects is that they are typically and investment that increases the value of your home more than the investment of a new roof. We talk about how roofs provide good return on investment in another video. This could mean that an equity loan may be viable also. Typically they have lower rates than a personal loan like what we would offer. Long story short, whether you're paying with check cash, credit card, or you need some financing options, we can help you get a new roof!