Financing Options
Financing Made Simple with Roofworks
At Roofworks, we believe nothing should stand between you and a safe, reliable roof. That’s why we partner with trusted financing providers to offer flexible, fair options for every homeowner.
Below are the financing partners we work with to help make your roofing project stress-free and affordable. If you have any questions, our team is happy to help — and your Roof Advisor will review all available financing options with you during your consultation.
Types of Roofing Financing Options
Believe it or not, there are several ways to finance your roofing project. Each option comes with its own advantages, so it’s worth reviewing them carefully before making a decision. Below are some of the most common methods homeowners use to pay for their new roof.
Acorn Financing
Home Equity Loans and Lines of Credit
For homeowners with built-up equity, a home equity loan or home equity line of credit (HELOC) can be a smart way to finance a new roof.
A home equity loan provides a lump-sum amount based on your home’s value and financial standing. You then make regular payments — similar to a mortgage — until the balance is paid off.
A HELOC works a bit differently. Instead of a single payout, you receive access to a revolving line of credit that you can draw from as needed throughout your project. Both options typically offer lower interest rates than unsecured loans or credit cards.
Credit Cards
Some homeowners choose to use credit cards to cover all or part of their roofing expenses. This can be a quick option if you have a high spending limit or promotional interest rate. However, it’s important to review your card’s interest rate and terms before proceeding, as high APRs can make this a more expensive long-term choice.
Cash Payments
If you have funds set aside, paying with cash can be the simplest way to finance your new roof. Cash eliminates interest rates, monthly payments, and added fees. Once your project is complete, you can enjoy your new roof with peace of mind knowing it’s fully paid for.
Some homeowners also choose to combine cash with other financing methods — using savings to reduce the amount financed and minimize overall interest costs.
Choosing the Best Financing Option for Your Roof
The right financing plan depends on your unique circumstances. Before making a decision, consider these key questions:
1. Does your insurance cover your roof project?
Review your homeowners insurance policy carefully, including the fine print. If your roof damage resulted from a covered event — such as a storm or accident — your insurer may cover part or all of the repair or replacement costs. It’s always worth confirming before committing to financing.
2. How much equity do you have in your home?
If you’ve owned your home for a while, you may have built up enough equity to use toward a roof loan. Understanding your home’s value is an important first step in exploring programs like a home equity loan.
3. What do your savings look like?
If you have a healthy cash reserve, you might choose to pay part — or all — of your roofing costs upfront. This approach can help you avoid interest charges altogether or reduce the amount you need to finance.
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Let Roofworks help you protect your home with affordable, flexible financing options designed around your needs.