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Homeowners needing a new roof or planning a home improvement project should know that many financing options exist. The one that suits you best will depend on many factors including how much your project will cost, how much money you have on hand and how long the project will last. Also consider whether you will be doing other home improvement projects in the future, and how much equity you have in your home.
A decision to finance your home improvement project comes down to two factors: your project’s time-sensitivity and your current debt ratio. Home improvement loans are generally better if your project is time-sensitive; otherwise you should wait to save cash.
Whichever is right for you, contact John Bean Roofing to discuss financing options.