Financing
FINANCING
We are seeing more and more roof claims with non-recoverable depreciation. In a nutshell, this means the depreciation amount is your cost to bear.
NERD WALLET
Nerd Wallet has credit card offers (we take credit cards) and they have personal loan options. Nerd Wallet has a good reputation for connecting people with lenders with favorable terms.
WHY DON’T WE OFFER “IN-HOUSE” FINANCING?
Because they are usually not favorable to the homeowner – they don’t help the homeowner; they help the lender. At New Harbor Roofing & Construction, we are of the opinion that you don’t solve a problem with a problem.
We wouldn’t be able to sleep at night if we funneled customers to high-pressure loan companies with unfavorable terms.
START WITH YOUR MORTGAGE CARRIER
If you have non-recoverable depreciation on your roof and don’t have the funds to replace your roof, we suggest that your start with your mortgage carrier.
They have an insurable interest in your home repairs and may have favorable financing to get the roof replaced.
LOCAL LENDERS
If your mortgage company isn’t helpful, the next rout would be local banks. Local banks have a vested interest in the community and understand the local trends, such as non-recoverable depreciation on roof claims.