Many of our Tampa roofing customers are concerned with the cost of their roof. Often, they want to replace their roof but delay because of the price. I spoke with a family in the Lutz area last summer. They had a slow leak in their master bedroom. A bucket sat in the corner of their room for three months as they tried to scrape together the $12,000 needed for a new roof. When we finally spoke, the damage to the home’s drywall had already created quite a bit of problems. In the end, the repairs to the home’s damage, to create mold issues and repair the drywall, ended up costing more than a new roof would have.
Roof financing in Tampa, FL is a critical option. A roof repair problem requires immediate attention and cannot wait for you to save up for the work. Rain will come when you want it to, not when you are financially ready to repair your roof. In Florida, a compromised roof can quickly become a very big problem in a single storm season.
We offer various roof financing options to homeowners in the Tampa area. We understand that the cost of the repairs may cause some to wait to have work done, but we can get you fixed up and pay for it over time on a monthly basis, as opposed to paying the entire bill prior to the work being performed.
Get Pre-Qualified Today
Pre-qualifying for a loan is a fast and easy process that will not affect your credit score. You can even receive monthly payment options in minutes.
Get pre-qualified quickly and easily online with no impact to your credit score. Get a complete list of monthly payments for you to consider in minutes.
How Roof Financing Works in Tampa
Many homeowners think financing means going to their bank and jumping through a number of hoops. The way we handle roof financing in Tampa is much simpler than that. We work with lenders who specialize in home improvement financing, which means the process is faster and the approval criteria differ from those of a traditional bank loan.
Here’s how the basic process works. You get your free roof inspection and estimate from us. If you want to finance, we connect you with our lending partners. You fill out a short application, usually online, and get a decision quickly, often the same day. Once approved, the funds go directly toward your roofing project, and you start making monthly payments on a schedule that works for you.
No home equity required. You don’t have to refinance or put your house up as collateral for most of our financing options. That’s a big deal for homeowners in South Tampa, Westchase, and other Tampa Bay neighborhoods who have home equity but don’t want to tap it for a roofing project.
Loan amounts can reach $250,000 for qualified borrowers. That covers everything from a basic asphalt shingle replacement to a full tile roof on a larger Tampa home, and everything in between.
Roof Financing for Roof Replacement
A full roof replacement is the most common reason Tampa homeowners look into financing. The cost of a full roof replacement, which is often unexpected, can be the largest roofing expense most homeowners face.
The average roof replacement in Tampa runs anywhere from $8,000 to $20,000 or more, depending on the size of your home, the material you choose, and the condition of your existing roof deck. Tile roofs cost more than asphalt shingles. Metal roofs are also a bigger upfront investment, though they last longer and often qualify you for better insurance rates.
Roof financing allows you to break the full cost into monthly payments that you can plan around. Many homeowners find that the monthly payment is less than what they were spending on dealing with the consequences of a bad roof, things like higher energy bills from poor insulation, ceiling repairs from leaks, and temporary fixes that never quite held.
Roof Financing for Roof Repair
Financing isn’t just for full replacements. If you’ve got a significant roof repair in Tampa that’s running into the thousands, financing can make that manageable, too. You can finance storm damage repairs, major flashing work, deck repairs from long-term moisture, and skylight replacements in the same way.
We see a lot of these scenarios after hurricane season. Homeowners whose insurance covered part of the damage but left them with a gap. Or homeowners whose deductibles wiped out their savings, leaving them trying to cover the rest out of pocket. Financing fills that gap so the repair actually gets done properly instead of getting halfway done or put off entirely.
If you’re in Odessa, Keystone, New Tampa, or anywhere else in the Tampa Bay area and you’ve got a repair that’s been sitting because of the cost, give us a call. We’ll come out, tell you exactly what needs to be done, and walk you through the financing options before any work starts.
What to Know Before You Finance a Roof in Tampa
We at Tampa Roofing want you to make the best decisions concerning the roof financing for your home. Here is some information that can be helpful to know prior to your search.
Make sure you get the full scope of work in writing prior to agreeing to terms and conditions for financing, as well as the scope of work, materials, and total cost for the job. We provide detailed written estimates for all work that we quote for.
Make sure to check the interest rate and loan period. Although longer periods enable lower monthly payments, they are accompanied by higher total interest payments. Some lenders grant special promotions: for a limited time, low interest or even no interest, if the entire amount is repaid within a certain time frame. We explain in detail what each deal is really worth over the term of the loan.
It is very important to ensure that any roofing company you hire for a roof replacement is properly licensed to do business in the state of Florida. If a contractor is not properly licensed, it can lead to future problems and potential legal and insurance issues. EM Roth Roofing is fully licensed, bonded and insured in the state of Florida and pulls all required permits for every job.
We’d be happy to address any questions you have regarding roof financing in Tampa. We can also provide you with an estimate of how much you might qualify for with no obligation and no pressure to make a purchase. We just want to make sure you have the best information to make an informed decision.
