Reroofing a house is typically not something homeowners expect to pay for; this can put immense stress on bank accounts. We understand that financing for a new roof is one that many need to save for and even set up financing to pay overtime, especially during this time. Paying out of pocket is not something that many people can do, and that’s why we have provided our customers with a few different options for paying for a new roof.

Insurance claims

Damage to your roof during a storm or other catastrophic event may entitle you to have replacement or repairs covered by your homeowners’ insurance. The amount paid out depends on each scenario and must be processed by the insurance company to determine how much you’ll receive to cover damages. We recommend reviewing your homeowners’ coverage every year to know exactly what is covered in the event of an emergency. Most roofing companies will offer their guidance and advice for putting in a claim and going about repairs.

Home Improvement Financing

Replacing a roof after many years can be expected and should be prepared accordingly. Replacing the roof is something that no one wants to pay for, but it needs to be done. Luckily, there are financing systems that can make paying for a new roof a little less daunting. Instead of spending all upfront, you can sign up for a financing program that allows you to pay small amounts each month towards that newly installed roof. At New Look Roof, we partnered up with Service Finance Company to provide a secure and attainable way to get a new roof installed. Applications can be made quickly and easily through our website. Click here to visit our finance page and learn more.

Home Equity Loan

Home equity loans are available depending on the amount of equity available in your home. To apply for a home equity loan, you’ll need to visit a bank or credit union. The availability of home equity loans can depend on the current state of the housing market and interest rates. To know if you qualify, speak to a banking professional. One benefit of receiving a home equity loan is that if you know your roof is at the end of its lifespan, you can quickly afford to get it replaced before leaks or damage occurs.

New Look Roof

A new roof can increase your home’s value by making it more appealing to potential buyers. When considering if you should replace your roof or not before listing your home for sale, we typically recommend that the roof be replaced. Most potential buyers want a move-in-ready house, and an old roof that needs to be replaced can be hard to look past. New Look Roof is a roofing company located in Louisville, Kentucky. We serve the surrounding communities and offer excellent craftsmanship with whatever we work on. Please don’t hesitate to reach out with any questions concerning financing for a new roof!

New Look Roof specializes in roofing, siding, windows, gutters, and repairs. We serve the greater Louisville area and pride ourselves on being industry-leading in materials, education, training, and craftsmanship. We invite all potential clients to fill out a form online or call us directly at 502.341.4415!