Roof Financing When You Have Less than Stellar Credit
Sep 18, 2019
You may not think of your roof often, but it just might be the most important part of your house. If you don’t pay attention after a storm, leaks can develop which can cause extensive damage. Also, the longer you delay getting a new roof the more expensive it may be to fix it. In particular, insurance companies may refuse to cover you if you don’t maintain your roof. You’ll need to get a loan for a new roof but aren’t sure you qualify. But you can’t afford to put it off either.
Xterior LLC wants you to have a new roof when you need it. We understand that it may not be the ideal time to pay for a new roof, but it’s something that you shouldn’t postpone. Over the years, we’ve established partnerships with wholesalers and manufacturers that allow lenders to feel confident in us. This allows us to offer financing with favorable loan rates to our qualified homeowners. Today, call us at 336-329-3667 to pre-qualify for a loan.
Reasons to Replace Your Roof Sooner Rather Than Later
While you may consider putting off a new roof, this may cost you more in the long run. First, if your roof is leaking, the leak is only going to get bigger allowing more water to seep in. As the holes get bigger, there is also the potential for insects and wildlife to get into your home.
Furthermore, water leaking into your home can begin to wear or rot away at structural beams. Even a small leak can create structural damage, although it might not be noticeable for many years. Additionally, wherever there is moisture, there is potential for mold growth. Mold can cause many health problems such as nasal stuffiness, throat irritation, coughing, and upper respiratory tract symptoms.
Often, leaking water may seep into places where electricity flows. Primarily, the presence of moisture can increase the current heating up the wire creating the potential for a fire. Moreover, water seeping around junction boxes with uninsulated wires also has the potential for a fire. Another effect of not maintaining your roof is increased energy bills. Even a small crack in your roof will allow cool air or heat, depending on the season, to escape. Finally, some insurance companies will refuse to insure your home if your roof is over 20 years old.
Types of Roofing
Now that you realize you need a new roof you must decide on what type of roofing you want. Certainly, there are several types to choose from, with asphalt shingles and metal roofing being the most common. While most roofing companies are skilled at installing shingles, metal roofing requires specialized skill.
Notably, for over 100 years, asphalt shingles have been protecting homes across America. Clearly the economical choice, shingles are also durable, long-lasting and attractive. The average life of an asphalt roof is approximately 20 years. Available in many different colors, shingles are a beautiful addition to your home.
Although asphalt shingles are the most popular choice in the US, metal roofing is catching up. This is mainly due to its longevity. Lasting between 50-70 years, it’ll probably be the last roof you’ll ever buy. Additionally, metal roofs are extremely durable, withstanding winds up to 155 mph. Primarily, it’s due to their durability that some insurance companies give discounts on rates if you have a metal roof. Also available in a wide range of colors and styles, some metal roofs imitate other textures, such as shingles.
Any new roof will increase the value of your home, but buyers will recognize the value of a metal roof. It can be a major selling point when it comes time to sell your home. The increased equity in your home will allow you to borrow more, should you ever want to apply for a home equity loan.
Xterior has Roof Financing for Everyone
So, if you suspect your roof has some damage, or you see your roof leaking, don’t wait! Hesitating can only cost you more money in the long run. And when you need a loan to buy a new roof, choose Xterior. We provide roof financing with favorable loan rates. We can offer to our qualified homeowners payment plans with 0% down, low monthly payments or 0% interest. We work to find you affordable payments to fit your budget. Plus, we have discounts for military families, seniors, teachers, and first responders.
Today, call 336-329-3667 for a free no-obligation estimate. One of our friendly staff will be happy to answer all your questions.
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“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.