Roof Financing Options
Higher Roof does not offer in-house financing. Some homeowners arrange a home equity line of credit through a bank or credit union to pay for a roof replacement.
Request a roofing estimate
What a home equity line of credit does
A HELOC is a revolving line of credit secured by the equity in your home. Home equity is the current value of the home minus the amount still owed on the mortgage.
The simple version: a lender approves a maximum credit line, and you borrow only the amount you need for the project. Interest is generally charged on the amount you use, not the entire approved limit.
Most HELOCs have a period when funds can be borrowed, followed by a repayment period. Interest rates are commonly variable, which means the rate and monthly payment can change.
The roof project and the loan stay separate
We provide the roofing estimate. You and the lender handle the financing application and loan agreement.
- 01
Get a roofing estimate
We inspect the property and provide the proposed work and project cost.
- 02
Talk with a lender
You apply directly with the bank or credit union and review its available loan options.
- 03
Review the terms
The lender explains approval, credit limit, rate, fees, payment structure, and closing requirements.
- 04
Approve the roof
You authorize the roofing project after deciding how you will pay for the work.
Explore current options with Avadian Credit Union
If you want to explore a HELOC or home equity loan for your roofing project, we recommend contacting Avadian Credit Union. Avadian currently offers home equity options, including its HELOCPlus+ product.
You apply directly with Avadian. Avadian determines eligibility, approval, rates, fees, credit limits, and repayment terms. Higher Roof does not make or guarantee those decisions.
View Avadian home equity optionsA HELOC is secured by your home
Because the home serves as collateral, falling behind on repayment can put the property at risk. A HELOC may not be the right choice for every homeowner. Compare available options, confirm that the payments fit your budget, and rely on the lender’s current disclosures before making a decision.
This general explanation is provided to help homeowners understand the terminology. It is not financial advice or a promise that financing will be available.
Read the Consumer Financial Protection Bureau’s HELOC guideRoof financing questions
Does Higher Roof Solutions offer financing?
Higher Roof does not offer in-house financing. Homeowners who want to finance a roofing project arrange financing directly with a bank or credit union.
What is a HELOC?
A home equity line of credit, or HELOC, is a revolving line of credit secured by the available equity in your home. You can borrow up to a lender-approved limit and generally pay interest on the amount you use.
Does Higher Roof guarantee HELOC approval or terms?
No. The lender determines eligibility, approval, credit limit, interest rate, fees, and repayment terms. We provide the roofing estimate and details about the proposed work but do not make lending decisions.
Know what the job includes before choosing how to pay
We can inspect the roof, explain the recommended work, and provide a written estimate to discuss with a lender.
Request an estimate