The Best Financing Payment Options With Ireland Contracting
Having a new roof installed on your home is a major decision that can cost considerable money. Whether you have an older roof or a roof with severe damage, a roof replacement helps protect your home from rain and other elements. If you know you need a new roof but aren’t sure how to afford it, keep in mind that different payment options are available. Does Ireland offer financing? At Ireland Contracting, we do offer financing options to consider. Learning about other ways to finance a roof replacement can help you decide how to pay for yours.
Pay With Cash or a Check
This is usually the ideal option if you have the money to pay for a new roof upfront. Using cash or a check means you can immediately pay the entire amount. You won’t have to worry about applying for financing options or making payments for months or years. You also won’t need to deal with interest payments that increase the total amount of your roof replacement.
Since getting a new roof is typically expensive, many homeowners need more money. If paying with cash or a check isn’t an option for you, there are other ways to cover the roof installation cost. Just make sure you consider the pros and cons of each option.
Use a Credit Card
Sometimes, paying for your new roof with a credit card is an option to think about. However, there are a few drawbacks to keep in mind. If you have enough available credit, you can quickly pay for the entire roof replacement cost on a card. This offers a convenient option, but you might end up paying significantly more over time in interest.
If you’re considering using a credit card, choose one with low-interest rates. Try to pay off the balance in full or make larger payments each month until it’s paid off. This helps keep the amount of interest down.
Take Out a Personal or Home Equity Loan
Personal loans can be helpful if you don’t have the money upfront and don’t want to use a credit card. These loans usually have lower interest rates compared to credit cards. Banks, credit unions, and other financial institutions typically offer personal loans that you can use for home improvement projects.
If you’ve built up enough equity in your home, you can look into getting a home equity loan. These loans have fixed amounts that you pay back over a certain period of time. Home equity loans tend to have lower interest rates than personal loans. Remember that you’ll need to qualify for this type of loan based on the lender’s requirements.
Check Your Insurance Policy
Having your homeowners’ insurance company cover some or all of the cost of a new roof is an option in specific cases. If your current roof has damage that’s covered in your insurance policy, you can file a claim and have your insurer pay for a roof replacement.
This option doesn’t apply to regular wear and tear on roofs. Insurance companies usually cover damage from storms or other disasters, such as a tree falling on your roof. Check your policy for detailed information on the kinds of damage that are covered.
Does Ireland Contracting Offer Financing Options?
Did you know that some roofing companies offer financing on roof replacements? Ireland Contracting is proud to offer finance options to help homeowners afford the cost of a new roof. We understand how expensive this kind of roofing work can be, but we also know how dangerous it can be to put off a roof replacement when you really need one.
At Ireland Contracting, we offer multiple options for homeowners. These options include Dollar Bank Financing and Enhancify Service Financing. Both have low-interest options available, so you don’t have to worry about high-interest rates. We have 12-month interest-free financing options that allow you to avoid interest on your loan altogether. Our options also include loans that give you up to 10 years to pay off, which helps keep monthly payments lower.
Get Your Free Estimate
Wondering how much a new roof will cost? We offer a free estimate, so you can get an idea of how much you’ll need to pay. Once you have an estimate, you can explore payment options for your roof replacement.
If your Glenshaw home needs a new roof, please get in touch with Ireland Contracting for more information about our services. Our experienced roofers have over 30 years of experience in the industry. We can provide more details on our available finance options and help you choose a new roof.