Financing Options for Getting a Brand-new Roof

Out of all the many types of home improvement projects, a residential roof replacement is definitely one of the biggest investments you might ever need to make. Most experts recommend starting a budget for a replacement years before it is actually needed, just to spread out the cost and cushion the financial burden of this large project.

Aside from setting aside a budget years ahead of your roof replacement, you could also take advantage of several financing options to help you out in a pinch. Let our roofing experts at Colorado Roof Toppers walk you through some of the most popular finance solutions you have that can get you that much closer to a brand-new roof.

FHA Title I Loans

The Federal Housing Administration Title Loan is not exclusive to buying a new home, it can also be used for home improvements such as a new roofing installation. Local banks and lenders will loan you the money, provided you have good credit standing and limited home equity, and the FHA insures these institutions.

Energy Credits

The Department of Energy might also offer tax credits and rebates if you are replacing your roof to improve the energy efficiency of your home. These rebates vary from one local area to another. Check the Database of State Incentives for Renewable Energy (DSIRE) or the Department of Energy website for more information on how to take advantage of these benefits.


HELOC stands for Home Equity Line of Credit and it's a popular way to get started on many home improvements. If you're looking to finance your roof replacement, HELOC is literally a new line of credit that uses your home equity as collateral. The terms may vary from one lender to another so don't hesitate to ask your professional for help and more information.

At Colorado Roof Toppers, we can help you finance your brand-new roof installation. Give us a call at (720) 378-1901 or fill out our contact form to schedule a consultation and request a free estimate today. We serve homeowners from Fort Collins to Erie, as well as other neighboring areas in CO.

by Denise Bart September 08, 2020
Gutters    Roofing