Contractors Providing Affordable and Easy Roof Financing
Sep 1, 2020
National Roofing Week (June 6 to 12, 2021) usually passes by with very little fanfare. Instead of celebrating our roofs, often we neglect them. Yet, your roof is one of the most important parts of your home. It protects your home against all the harsh elements of nature. When was the last time you inspected your roof? Nevertheless, routinely inspecting your roof can uncover problems before major damage occurs. Typically, by the time you see a leak, you’ve incurred quite a bit of damage. But a roof project is expensive and most of us don’t have money in the bank for a new roof. Even if we have the money, we want to keep it for that rainy day when the sun is not shining! When looking for experienced contractors who provide affordable roof financing, choose Xterior LLC.
“The time to repair the roof is when the sun is shining.”
John F. Kennedy – State of the Union Address – January 11, 1962
Weather Conditions That Damage Your Roof
Most people think of hail or ice as causing the most damage to their roof. However, if you have an asphalt shingle roof, any type of inclement weather causes some deterioration. The heat of summer can cause shingles to become inflexible, brittle, and prone to cracking. Melting snows are responsible for ice damming. Even repeated rain can wash the granules off the shingles.
Winds are especially damaging to asphalt shingles. Strong gales can loosen and pull shingles from your roof. Additionally, blowing debris like tree branches can cause severe damage. Even metal roofs are not immune to harsh weather elements. Blowing debris can puncture and damage even the sturdiest metal roof, although it takes a lot to damage a metal roof.
Sometimes the damage to your roof isn’t immediate. Long-term exposure to the elements can cause deterioration. You may notice granules in your gutter. Or cracked and curled shingles. If you have a metal roof, you may see corrosion or the finish coming off the panels. All these situations require professional roofing services.
Will My Homeowner’s Insurance Pay for A New Roof?
Generally, your homeowner’s insurance will pay for damage to your roof caused by extreme weather. If a severe storm caused a leak, your insurance may cover that as well. How much the insurance company pays is dependent on the age of your roof. Older roofs will have some aging and depreciation. Many insurance companies will deduct this depreciation from the cost of your new roof. This is what is known as the actual cash value (ACV).
Sometimes, you may have replacement cost value (RCV). This means that the insurance company will pay what it takes to replace your roof. Moreover, if you have a deductible, you’ll need to pay this first. You can review your policy for your coverage and deductible.
However, dealing with insurance companies can be a hassle. You may spend hours on the phone trying to settle your claim. We can help you with this process and handle all the paperwork. With quicker claim settlement, we can start on your roof replacement sooner.
We Have Plenty of Roof Financing Options
If you see that you have roof damage, but the insurance company doesn’t cover the roof replacement, what should you do? You could put the cost on your credit card. However, most credit cards carry high-interest rates. Thus, you’ll end up pay more over the long-term.
Another roof financing option is a personal loan. Personal loans are unsecured and qualifying depends upon your credit score. When you need a roofing loan, there is no time to work on improving your credit score.
You could consider taking out a home equity line of credit. In a home equity loan, a lender uses your house as collateral. However, should you lose your job and fail to make payments, you could lose your home. One requirement for this type of loan is that you have equity in your home. Equity is the difference between the market value of your house and the balance you owe on your mortgage. Without enough equity, you can’t use this option.
The last type of loan option is a home improvement loan financed by your roofing company. At Xterior, we offer qualified homeowners very affordable unsecured, no lien, no prepayment penalty financing with a monthly payment you can afford. This means should you fall on hard times you won’t lose your house. Our financing options include 0% interest rate for a loan term of 48 months as well as 0% down payment for qualified buyers. We can also offer you low monthly payments. Our financing team works hard to find you the best financing terms to fit your budget. And our pre-approval process is fast and easy so you can begin your roof project quickly. Additionally, we offer discounts to military families, teachers, seniors and first responders.
Benefits of An Asphalt Shingle Roof
Asphalt shingles are the most popular roofing material in the United States. Shingles are an affordable, cost-effective way to protect your home. With a variety of colors, textures, and styles, asphalt shingles can beautify any architectural style home.
Most of us give little thought to our roofs as exterior design. Yet, your roof can account for as much as 40% of your home’s visual appeal. Siding, trim, and roof color should complement each other for a beautiful look. With a wide variety of colors, asphalt shingles can enhance any home. They are available in varying shades of black, grey, brown, green, blue, reds, and even white.
The variety of colors combined with the different styles make shingle a versatile product. You can choose from 3-tab, architectural, or premium shingles. 3-tab shingles are the most cost-effective choice. A single layer of material, you’ll know this style of shingles by its simple 3-tab pattern. While architectural shingles are thicker giving your roof a 3-dimensional look. Finally, manufacturers design premium shingles to mimic cedar or slate roofs at a lower cost.
While asphalt shingles are beautiful, they’re also durable and long-lasting. Asphalt shingles are fire, wind, and weather-resistant. Typically, they can withstand strong winds, depending on the rating for the shingles that you choose. They’re easy to install and low maintenance. Moreover, asphalt shingles have a 100-year proven track record of protecting homes in the United States. Finally, you can expect your asphalt shingle roof to last approximately 20 years, depending on location and weather conditions.
The Benefits of Metal Roofing
Metal roofs have been in use much longer than asphalt roofing. Since ancient times, people have used metal to protect their homes. Its longevity and durability are unmatched. Plus, metal roofs are energy-efficient and recyclable.
If you live in an area that experiences high winds like hurricanes, you’ll want a metal roof. Manufacturers design metal panel roofs to withstand winds up to 140 mph. These are the winds of a category 4 hurricane. FEMA has even documented one metal roof surviving winds of 170 mph.
Moreover, metal roofs are fire-resistant over their entire life. They’re also energy-efficient. In the summer, metal roofs reflect solar radiant heat. While in the winter, a metal roof stops fluctuations in temperature between the attic and outdoor air. Metal roofs lose only about half as much heat as shingle roofs. Energy savings can be as high as 40%, according to the Metal Roofing Alliance.
They’re also extremely long-lasting. Metal roofs can last between 40-70 years or more. You’ll have to replace your asphalt roof several times before you need a new metal roof. This also affects its impact on the environment. A longer-lasting roof produces less waste and pollution from the manufacturing process. Additionally, manufacturers make metal roofs from 20-95% recyclable material and they are 100% recyclable at the end of their life.
Yet, metal roofs are beautiful too. Metal roofing is available in practically every color. Styles range from the popular standing seam to those that mimic shake, shingles, slate, and tile. Undoubtedly, you’ll find a stunning color and style to stand out from any home in any neighborhood.
In both cases, asphalt and metal, the critical component is having a professional roofing contractor handle the installation. A contractor trying to cut corners may eliminate some extra steps that will make your roof last longer and protect your home through heavy storms. A small leak, caused by improper installation, can cause a large amount of expensive damage to your home’s structure.
How Much Is A New Roof Going to Cost Me?
Homeowners are always concerned with the bottom line, what’s a roof replacement going to cost me? You need to know the loan amount for your roof project, of course, as the first step to setting up a financing plan. Often contractors may have different rates based on their experience. However, there is a universal set of factors all contractors use. These include the size of your roof, slope, material, and access to your roof.
First, your contractor will need to know the size of your roofing project. Of course, a larger roof will require more material to cover it. However, a steeply sloping roof will also greatly impact your roof replacement cost. Steeper slopes require more safety equipment like scaffolding. Scaffolding takes additional time to set up and take down, driving up labor costs. Roof access is another factor. Remember, the easier it is to access, the less time required to replace your roof. A faster installation means a lower price for you.
The material you choose will have a big impact on your roof replacement cost too. Asphalt shingles are the most cost-effective roofing option. But there are 3-tab shingles, architectural, and premium shingles with individual price structures.
Likewise, popular metal roof materials are steel or aluminum each with varying costs. Although the upfront cost of a metal roof is more, you won’t have to replace it as often. Longer-lasting means cost savings to you.
Instead of trying to figure out the cost on your own, call Xterior. We’ll be happy to come out and take a look at your roof. Additionally, we’ll take the time to discuss the benefits of each to help you decide on your best roofing option. Plus, our estimates are free to homeowners, without any obligation.
How To Find A Qualified Installer
Certainly, choosing quality materials to protect your home is vital. Depending on the location of your home, you may experience severe storms like hurricanes. Thus, you need a roof that will withstand strong winds.
However, equally important is choosing a roofer who can perform a superior installation. Often, the biggest reason for roof failure is an improper installation. Errors in flashing installation, improper ventilation, or the use of the wrong type of fastener can all cause premature failure. Thus, you must choose an experienced contractor.
As you start to look for a roofing contractor, ask for referrals from family and friends. The contractor must have both general liability and workers’ compensation insurance. Also, check their BBB ratings. An accreditation from the BBB means the company has met the BBB’s Code of Business Practices. At Xterior, we’re BBB accredited with an A+ rating. Always ask to see that a contractor’s insurance is up to date. We will always provide a copy of our certificate of insurance for your review.
Additionally, check to see if the contractor has any manufacturers’ designations. To achieve these designations, the contractor must pass the manufacturer’s requirements. Moreover, by receiving this type of designation, the contractor can offer stronger warranties. We’re a Shingle Quality Specialist certified by CertainTeed, a Scotchgard specialist, and a Preferred Contractor with Owens Corning. Thus, we can offer you some of the strongest warranties in the business.
Roof Financing Makes Buying A New Roof Affordable
A new roof is a big expense. However, roof financing from Xterior makes it affordable. With financing options for qualified buyers that have a monthly payment and a payment term you can afford; you don’t have to wait for a new roof. Plus, we offer discounts to military, seniors, teachers, and first responders.
We’re a locally-owned home improvement company with over 50 years of combined experience. Experienced in both metal and asphalt roofs, we can also install vinyl siding, and decks. Moreover, we can replace your old windows and gutters. With our manufacturers’ limited warranties, you’ll enjoy protection for years. Plus, we offer a 100% satisfaction guarantee.
Call us at 336-329-3667 to schedule an appointment for one of our technicians to inspect your roof. Because delaying until your roof leaks is waiting too long. That was JFK’s message!
Get your free estimate!
“Colby was in one word, incredible. We had roof damage which needed a timely fix. Colby took care of everything from start to finish and we enjoyed a headache free process, a one day roof replacement, and ended with a beautiful new roof! These things are never easy and Colby made this process seamless. Thank you Colby and Xterior, LLC!” Natalie S.
“We had a great experience working with Xterior. They did a professional job start to finish. From the estimate to the completion of the skylight install, the crews and management at Xterior were great. I would definitely use them again.” Scott H.
“Everyone with Xterior LLC was great to work with! Responsive, professional, friendly, and a great job! Would highly recommend to anyone needing exterior work done on their house!” Dan W.