Paying for a roof
Paying for a roof over time
A roof is a big bill, and it rarely shows up when it's convenient. Here's how people around Knoxville usually pay for one, and the questions worth asking before you sign anything.
Can I finance a roof with Crestone?
Not through a lender program on this site yet. Tell us when you book and we'll talk through the ways people pay.
How homeowners usually pay
- A home improvement loan through a lender that works with contractors.
- A personal loan from a credit union.
- A home equity line of credit.
- Insurance, when a storm caused the damage. You still pay your deductible.
- Cash, with a written scope so you know what you're buying.
Whichever way you pay, get the written price first. It's the number a lender, an insurance adjuster or your own budget needs, and it shows what each part of the job costs.
Five questions to ask any lender
- What's the APR, and does it jump when a promo period ends?
- How many months, and what's the payment at that term?
- Is a dealer fee built into the price? Ask whether the price changes if you pay cash.
- Can I pay it off early without a penalty?
- Is the first check a soft credit pull or a hard one?
Questions about paying for a roof
When does financing a roof make sense?
When the roof can't wait and the cash isn't there yet. A leak that's soaking the decking gets more expensive the longer it sits. If the roof can wait a season, saving up usually costs less than interest.
Do I need good credit to finance a roof?
It depends on the lender. Credit unions and home equity lines look at your credit and your home's value. Ask any lender whether the first check is a soft pull, which doesn't touch your score.
How long does a financing application take?
That depends on the lender, so ask them. Have our written price ready; it's the number the application asks for.
How long can I finance a roof?
It depends on the lender and the kind of loan. A home equity line usually runs longer than a personal loan. Compare the total you'll pay, not only the payment.
Who is the lender?
We don't have a lender program on this site yet. When we do, the lender's name and its own terms will be on this page.
Is there a local company that finances roofs?
Knoxville-area credit unions and banks make home improvement loans and home equity lines. Take them our written price. We're glad to answer their questions about the job.
Why finance through a roofer instead of my bank?
Convenience: one application at the kitchen table. The trade-off can be a dealer fee built into the price. Ask whether the price changes if you pay cash, and compare it with your bank's offer.
Can I pay for my roof over time?
Ask us. We don't offer a lender program today, so tell us when you book that you'd like to spread out the cost. You'll get a written price for your bank or credit union. Common choices are a home improvement loan, a credit union personal loan, or a home equity line of credit.
Do you offer financing?
We don't have a lender program to offer yet. If paying over time matters to you, say so when you book. You'll get a written price you can take to your bank or credit union. Before signing with any lender, ask about dealer fees, what the rate does after a promo ends, and early payoff.
Ask about financing
Four boxes. We'll call you back to pick a time.
Rather talk? Call (865) 830-8126. Rather text? Send a photo.