ROOF FINANCING​

Roof Financing in Seattle
Financing Options to Pay for a New Roof

Revolving lines of credit

An open customer credit line with minimum monthly payment based on the highest amount financed. When your has accrued available credit, it’s a great opportunity for add-on projects. (Ask FFC about availability.)

  • Low 2% monthly payment factor, (on a $3,000 loan, that’s only $60/month). Tier 1 and Tier 2 bids are eligible for a 1.5% reduced payment factor. Example: credit card

Installment loans

For customers who prefer a fixed monthly payment for a set number of months. Great for budget-minded consumers. The longer the term, the lower the monthly payment.
  • Fixed payments and terms give customers peace of mind
  • Loan terms up to 180 months
  • No prepayment penalties

Full-Service Financing

Foundation Finance offers a more inclusive consumer financing program with credit consideration for prime, near prime and subprime customers. Our program offers three credit tiers for consumers with A-D credit.

Second Looks

Our underwriting team looks at more than just the credit score, which is why we approve more deals than other lenders. Rescuing someone from the disappointment of not being able to finance a home improvement they need (like heating or cooling) or want (like a kitchen renovation).

Why Roof Financing Can Be a Good Idea?

Whether your new roof is the result of a planned project or because of unexpected circumstances, it can represent a significant, but necessary, home investment. A roof helps to keep your home and family protected from the elements.

It’s easy to forget about your roof, and homeowners often put off repairing or replacing an aging roof until serious warning signs appear. Other times, Mother Nature may wreak havoc with your shingles or send a wayward tree branch that causes damage.
When you finance a new roof through an independent roofing contractor in the Foundation Finance Company, you can benefit from low monthly payments. This lets you pay for your roof in installment amounts you can afford and prevents you from having to pay for a multi-thousand-dollar roof project in one lump sum.Depending on your payment terms and credit history, you may also be able to benefit from low-interest rates during the life of the loan.
Homeowners looking to delay a lump sum payment while still avoiding interest should consider loans with 0% financing up-front with no prepayment penalties.Installment loans that offer six months of no interest and no payments let you defer making any payments at all during the first part of the loan.You can pay the entire loan off (interest-free) any time before the six-month deadline or begin making the required monthly payments at the updated interest rate.
Some loans let you put off making payments for a set period. Once the time is up, you’ll begin making regular payments at the fixed interest rate. This is especially helpful for situations where you’re short on cash but need to get started on the roofing project without delay for safety concerns or other reasons.
Applying for roof financing can be an easy, seamless process thanks to modern technology. You can apply for roof financing online, via a mobile app, or call in, completely eliminating paperwork. You will need to provide an electronic signature. Once you submit your information, approval notices usually arrive within minutes.
Financing Options to Pay for a New Roof