Roof Replacement Financing FAQ’s
Can a new roof be financed?
Yes, there are several options to finance a roof, including financing through your roofing company, a home equity loan, an FHA loan, or a personal loan.
Do roofing companies provide financing?
Yes, many roofing companies provide financing. At Castle Roofing Group, we provide excellent rates that are better than or competitive with personal loan rates.
Can you pay monthly for a new roof?
Yes, when you finance your roof with Castle Roofing Group, you have the option to pay monthly for a new roof. As of February 2022, we offer 12 months no interest and 103 months at 9.99% interest, with financing plans of up to 12 years available.
What credit score do I need to finance a roof?
The credit score needed to finance a roof depends on the type of financing. For an FHA 203(k) loan, you need a credit score of 500 or higher. With a credit score of 580 or higher, you can take advantage of the FHA’s 3.5% down offer. For private loans, the interest charged will vary based on your credit score, so you will need to check with each lender. Schedule an estimate with Castle Roofing Group to find out what credit score you will need for your roof replacement financing.