Financing a New Roof: Essentials You Should Know

Getting a new roof is a huge deal, but if you want to prevent further damage to your home, you’ll need to go ahead and have the old one promptly replaced. Some homeowners would try to put off this project because it can be extremely costly, but once you know the essentials, you can finance this upgrade with greater confidence. ImproveIT! of Atlanta, the area’s premier roof repair company, shares some of the things you need to know about financing a new roof.

1. Understand what goes into your total new roof cost. What will a roof replacement cost you? To determine the exact amount, you’ll want to talk to your choice of contractor and have them conduct a comprehensive assessment of your existing roof unit. They should be able to provide you with an in-depth roof replacement estimate, which should include an itemized list of the roofing materials and other products to be used, plus labor costs, tear-off (if necessary), disposal, and other assorted charges. If you notice some charges that seem out of place, don’t hesitate to ask your contractor for an explanation.

2. Learn more about your options. There are many ways to finance your new asphalt shingle roof. You can try using home equity loans, which allows you to borrow a line of credit from the money you’ve already paid towards the principal of a home loan. A simpler and more cost-effective financing solution is cash, which won’t require to pay interest or maintain a good credit rating. You can also pay for a new roof using credit cards or personal loans.

3. Choose a roofing contractor who offers great financing programs. If the options mentioned above don’t work for you, turn to a trusted local roofer who can provide quality financing options instead. ImproveIT! of Atlanta, for instance, offers flexible, customized financing from Wells Fargo Home Projects® credit card. Issued with approved credit, this allows you to make convenient monthly payments without using up existing funding sources, like a home equity line of credit or bank account.

When in need of an easy, worry-free financing option for new residential roofing, look no further than ImproveIT! of Atlanta. Now you won’t have to put off that much-needed roof upgrade for your home. We proudly serve the areas in and around Dunwoody, Roswell, and Alpharetta, GA. Call us today at (770) 612-5635 or fill out this contact form to schedule your consultation.

Rodney Finglass

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