You probably already know that a roofing project is a costly and time-consuming affair. But this doesn’t mean you should put off that much-needed upgrade. With the right financing, you can start work on your roof without worrying too much about the expenses. Lexington Blue™, one of the top roofing contractors in the area, shares some of the financing options available to you.
Cash. This is probably the simplest and most cost-effective way to finance your roofing project. With cash, you won’t have to apply for loans, and you can avoid interest payments. What’s more, an unsatisfactory credit rating will not be taken into account when you pay for your roof upgrade with cash. But here’s the thing–not many people keep a pile of their savings on hand, or all in one place. Given how roofing projects sometimes take thousands of dollars, drawing from a personal safe isn’t a reasonable option for many homeowners.
Personal Loans. This financing option can be especially handy because you can typically use it for almost all types of home improvement projects, such as roof replacement or siding installation. Some lenders do have varying restrictions in place, along with fees, rates, and requirements, so make sure you fully understand them before taking up a personal loan. And if you have bad credit? Expect increased charges from your lender.
Credit Card. Using a credit card may be one of the easiest ways to finance your roofing project, but it is also one of the costliest. You’ll want to keep a number of things in mind if you’re set on going for this option. These include having a good-to-excellent credit rating to qualify for one, and noting that there’s always a chance that your credit card won’t be able to fully cover the costs of your project because of the limit.
If these options won’t do for you, just turn to a reliable roofing and siding company like Lexington Blue™. We offer flexible financing and home improvement loans so you can upgrade your roof with greater confidence. In fact, we have 0% same as cash and easy payment options available–and applying for your financing option is easy and secure.
Look no further than Lexington Blue™ for all your home improvement needs. We proudly serve the areas in and around Lawrenceburg, KY. Call us today at (859) 368-6346 or fill out this contact form to schedule your consultation.