While many homeowners know they can finance their roofing and siding projects, they might not be familiar with all of the options available. The type of financing you select for your project depends on the age of your home and project size, among other factors. At Novalis Roofing and Siding, we assist homeowners with the following types of financing options:

• Home Equity Loans

Fixed rate loans for a set amount of money borrowed against built up equity in your home. Great for homeowners with large amounts of equity built up in their homes.

• Home Equity Lines of Credit (HELOC)

A floating line of credit against built up equity in your home. Homeowners can borrow as much, or as little, as they want from the line and pay a variable interest rate.

• Cash Out Mortgage Refinancing

This type of loan refinances your mortgage for a higher amount, and provides the balance as a cash payment for home improvement projects. The homeowner then makes payments like they normally would towards the new mortgage.

• Traditional Personal Loans

This type of loan is for a fixed amount and interest rate. It is paid back in fixed payment amounts over the term of the loan. Traditionally getting low interest rates on these loans require good to excellent credit scores.