Infinite Roofing and Construction has worked for years with Foundation Finance, which offers same-as-cash interest free loans on terms of 6 to 12 months.
Who is same-as-cash interest free loans for?
Typically Foundation Finance recommends customers who are currently unable to pay for their full roof replacement project now, but who are able to make larger payments or pay all at once at a specified date to pay for their project without having to bear interest.
Otherwise, there are options with low interest, which don't require putting your home up as equity (unsecured loans), in addition to mortgage refinancing and the like for your new roofing project.
Roof Cost Calculator
Invoice Pay System
Deferred Roof Loan Payment Options
If your situation does not enable you to make immediate payments on a new roof loan, Foundation offers deferred payment start dates for all new roof loans, which gives additional time before beginning the requirement for loan payments.
Reduced Interest Rate Programs
Foundation frequently runs additional programs, when interest-free roof loans aren't available or aren't an option, where you will pay a reduced interest rate on the loans provided.
These rates are typically for the lifetime of the loan, not just for certain periods during the loan (e.g. 12 months introductory).
Other Special Loan Programs from Foundation Finance
There is a highly flexible range of options available to you to meet your exact roof loan needs - even partial loans are available.
Option 1: Revolving Line of Credit
These options typically have extremely low interest rates in the range of 2%. Tier 1 and Tier 2 credit (usually 660-740 credit score) can even qualify for a reduced payment of 1.5%!
These lines of credit are typically for loan values around the $3,000 range.
This promotion does tend to change from time to time, so final values are always going to be in the hands of Foundation Finance, we simply provide the baseline for what's going on.
Option 2: Installment Loans
Installment loans have terms up to 120 months at a fixed cost per month in order to provide stability and the most flexible repayment options possible.
These types of loans will typically cover larger expenses, such as the full roof cost.
Guaranteed Approved Options
Someties life happens and your credit score is recovering from a hit - in these cases we've worked out special arrangements with Foundation Finance that allows us to continue to offer you credit, without you having to worry about approval.
If this is your situation, feel free to give us a call about the estimate so we can help you with your approval process with the application, or you can go to foundation finance directly by going back to the roof finance page.