Whether planned or unexpected, the need for a new roof can represent a significant home investment, but it can be worth it since a roof helps protect your home and everything inside it. Increasingly homeowners are exploring financing options to help with their purchase. After all, it helps break the financial investment into smaller monthly payments. The good news is that it's never been more convenient and straightforward to secure homeowner-friendly financing for your upcoming roof project. Many Owens Corning Roofing Contractor Network members offer financing options.
Putting money into your home can be an excellent investment with an attractive return. The National Association of REALTORS indicates that a roofing investment can return 105% of the value of the project upon sale of a home.*
As an example, an unsecured home improvement loan of $10,000 with a term of 60 months with an APR of 10% monthly payment could be as low as $212.47** for applicants with excellent credit. Talk to your contractor about the specifics of your project financing.
-*2015 Remodeling Impact Report, National Association of REALTORS®; Research Department
** APR may differ based on loan amount, term, and your credit profile