If your roof is showing signs of wear and tear or is damaged beyond repair, it may be time for a replacement. A new roof for your home can cost upwards of $5,000 and is not typically an expense that is planned for. Did you know you can finance the cost of a new roof? Below are steps you can take when considering financing your new roof.

Identify The Problem – Sometimes it can be obvious that there is a problem, but often times it can be difficult to physically see where the problem with your roof is. Performing an in-depth inspection prior to hiring a roofer can help you understand the cost of a new roof and the amount you will need to finance.

Do Your Roofer Research – While shopping for a new roof, it is just as important to do your research on the roofing company as it is on your material choices. Ensuring the roofer you considering to replace your roof is insured and licensed is extremely important. When applying for financing, the bank will most likely require a professional who is. 

Know the Cost of Labor & Materials – Be knowledgeable about the cost of labor and roofing materials. Understanding your roofer and the product they offer will help you while determining the amount you need to finance. 

Be Honest About How Much You Can Put Down – Financing plans often require a down payment before determining a payment schedule. Be honest with the financing firm about the amount you can afford to put down. This can also help the finance company determine how much to offer you to ensure you can pay back the loan in a timely manner.

Having a roof over your head is one of the most important elements of your home. Safely protecting your family and having a stylish roof to compliment your home is deserving of an investment. Considering a smart financing plan when considering a new roof is essential to your home. 

Craven Construction has teamed with Hearth to offer financing options for our customers. You can request financing options on our finance page or call our office at 602-399-4914 to learn more. We handle all aspects of residential and commercial roofing.

Interested in learning more about your financing options?

About Craven Construction

Craven Construction is dedicated to providing our customers with honest and reliable roofing services. With over two decades of residential and commercial experience, we are here to serve you and all of your roofing needs.

Our team of experienced roofers is licensed and knowledgeable in working with all types of roofing. We offer high quality roofing services and are capable of getting your project completed in a timely, efficient manner.