What to do if You Can’t Afford a Roofing Contractor

Posted on Roofing Financing

Financial hardship is just a fact of life for the majority of people, as unfortunate as it is. With that said, many of our customers have found it difficult to pay to re-roof their Salem area homes in full out of pocket. In this blog post, we want to point out several ways you can get assistance in paying for re-roofing or roof repairs.

  • First, try to find “free money” through grant programs with your local government. For Oregon home repair grants, check out the Oregon Housing and Urban Development information webpage. There are also county and city specific programs. Learn more at this link. It can be hard to get roofing grants and other types of home improvement grants, but why not try? It is easier to get government assistance if you are a military veteran, living in a rural area, or have low income. People living with disabilities might have an easier time gaining access to these limited funds as well.
  • Consider the long-term costs and savings. If you can’t access the “free money”, you need to optimally spend the money you do have in order to make the most out of your situation. In Salem (or anywhere, really), having a safe roof over your home is non-negotiable. Since you need to spend that money, spend it wisely. If you save a couple thousand dollars now by going with a cheaper roofing contractor, could it end up costing you tens of thousands in damages down the road? If you go with an energy efficient roofing material, you could be eligible for tax credits through the EnergyStar program and you could see big monthly utility bill savings as well. These are all things to consider.
  • If you need help, Slate & Slate Roofing has partnered with a roofing loan service provider to allow our customers to get low-interest loans for their roofing projects. You should consider a Salem roofing company that offers low-interest financing for your project, even if you can pay for your project out of pocket.
  • You can also take out a home equity loan or refinance your house to gain access to a quick influx of cash, but these should probably be considered as last-options. Ask your financial advisor for more information on the best option for your individual situation.

This is one of those “if there’s a will, there’s a way” type of situations. We full-heartedly believe everyone should have access to a roof that will keep them safe from the elements. That is why we have partnered with a financing company. We help keep your monthly payments as low as possible so that you don’t become “house poor”. We are one of few Salem roofers to offer this service to our customers. If you would like to learn more about financing your roof, please reach our finance director at josh@roofsbyslate.com or give us a call today at (503) 585-2338. We will give you a free roofing estimate to help you answer the tough questions, like “how much will it cost to roof my house?” and “how can I pay for a new roof?” Rain has been pretty steady lately in Salem, so if your roof is in need of repair or replacement, don’t delay your call.

Written by
Terry Slate
Terry is the Vice President of Slate & Slate Roofing and has over 28 years of experience with both residential and commercial roofing. He specializes in metal roofing, composition roofing, and PVC membrane roofing.