At The Roof Doctor, one of our specialties is helping our residential and commercial clients with new roofing installations. Whether you require flat roof, slate roof, metal or another type, we’ll first help you ensure repair isn’t possible before helping you choose the most efficient and cost-effective option for your needs.
We understand that even our most economical new roofs are not necessarily cheap, and we’re happy to assist if you’re looking for financing options to help cover the costs. Here are a few additional tips we can offer on ensuring your financing process will be simple and easy when the time comes.
Proper List of Issues
No matter which kind of financing you’re looking into, whether it’s using store-credit built up over time or going the more traditional route of taking out a small banking loan, it helps to be able to provide your financing professionals with a proper list of damage concerns and the reasons why the roof needs to be replaced. Maybe there are plant or animal intrusions that have spread too far to be repaired, or perhaps there are leaks or resulting water stains that have penetrated too far.
No matter what the case is, you can make the entire process easier by providing a basic list. This allows your banker or store-credit representative to assess the true level of necessity for a new roof, which is a primary factor in securing this sort of financing.
Research Options
On top of providing this kind of basic documentation, it’s always good to be able to show a basic level of knowledge about the job being done. In cases where you’re obtaining a loan through a bank to pay your roof contractor, for instance, you’ll likely be asked basic questions by a loan officer about things like the cost of roof supplies, the price of labor and other areas that are relevant to the situation.
If you’re funding through a store, on the other hand, it’s good to show that you understand the products you’re looking for. Your ability to negotiate here could get you a slightly better deal in some cases.
Money Down and Promotions
In some financing situations, namely bank loans, the amount you can put down up front in a lump sum will be important. Understand what you can afford based on your finances here, and be sure not to commit too much if you can’t truly handle it. In some cases, financing might be offered in a promotion that limits or eliminates interest for some set period of time – be sure you can pay off the total in that allotted time period before agreeing to this sort of deal.
For more help with financing a roof installation, or to learn about what our roofing contractors can do for you, speak to the staff at The Roof Doctor today.