Serving Brandon & Surrounding Areas
Couple financing a home service project

Is it better to Finance Home Service Projects or Not?

Of course, it is better to finance home service projects as the commodities at our home are incredibly prone to damage. Ranging from roofing material to HVAC systems, these equipment are subjected to sudden injuries in the form of climatic devastations and lack of maintenance. 

One of the most critical elements of a house that boosts its safety and value is its roof!. Better roofs grab the buyers' attention and increase the value of your home.

Apart from this, using a better roofing material will prevent you from natural calamities and guarantee a better safety of your house.

Similarly, the HVAC systems build up comfort during summers and winters. These units provide high SEER value that not only boosts your house's conditioning performance but also gives a significant amount of relief to your electric costs.

Investing in home service projects might cost you 4 to 5 digits sums, but spending that amount once a while is worth it, considering the significant number of benefits you are getting.

Why Should I Invest in Roof Financing?

Roof financing is a daunting task. After all, spending a lump sum amount at the same time will put a massive burden on your pockets, especially if you have other jobs lined up to deal with.

Thanks to the different payment plans, you can now get a brand new roof on your top without paying the wholesome amount. The financing options allow you to pay the amount in multiple installments.

Also, the remodeling impact report released by NARI reveals that you can get a 109% return on a new roof. This return will allow you to profit when selling the house.

Roof financing allows you to benefit from better roofing materials without configuring the total expenditure. In addition to that, when you haven't prepared for an unexpected roof leak. Financing is the only opportunity that can help you through that challenging period.

These situations aren't ideal, though it is always better to take preventative measures to prevent further house damage. Also, if you have the money to buy a new roof, you can save that amount for your children's studies or plan a picnic trip with your family.

Moreover, financing on your roof will escalate your home's value and beautify its appearance. It is a plus point if you are planning to sell your house, as buyers show more interest in the homes which are properly maintained and upgraded.

What are some Financing Benefits of A.C. Units?

HVAC systems offer you a top-level of comfort. In summer, the AC units play their job by delivering your house with a cool and pleasant atmosphere to spend time in.

However, installing an HVAC system requires a large amount of capital, and most of the income-holders with average salaries will feel burdened to buy this extra comfort.

Here's where financing opportunities come into action. Financing in AC units will allow you to use HVAC technology over multiple installment plans.

Additionally, when your AC breaks at an inconvenient time and you haven't prepared for it. That's when financing helps you in saving your day. 

AC units nowadays come with the latest technology to upscale the airflow performance. The SERP value of an air conditioner plays a crucial role in deciding the figures in your utility bills.

Higher SERP AC units are expensive, but thanks to the AC financing services, you will be able to install these units and save a good amount of money on your electricity bills as well.

Ways to Finance Roofing Material and A.C. Units.

You can finance your home improvement projects by using multiple financing options. Below are the pros and cons of some of the most discussed financing options.

Personal Loans

Here is the breakdown analysis of personal loans.


  • Personal loans are good to invest in for your categorized home improvement projects. In contrast, unsecured loans mean that the lender does not require collateral.
  • They offer you a lump sum of money to finance in cost, asking for projects like upgrading your roof or installing an AC unit.
  • These loans are versatile, meaning you can draw them anytime for any use. Also, personal loans offer competitive interest rates that range from 3% to 36%.
  • If your credit history is excellent and you hold a good balance, you are given leverage for low ARPs, so you will have to pay less interest on your roofs or AC units.


  • The ARP for personal rate falls between 6% to 36%. It is possible that most of the higher credit individual loan applicants can get a low ARP, but others have to compromise on higher ARP values up to 36%, which means more interest for you.
  • Personal loans come with penalties. If the borrower fails to make the monthly payment, he is charged with some penalty fees, and these penalties can devalue your credit history performance.

Home Equity Loans


  • Home equity loans are provided on your home equity, that is, the portion of your home that you own outright.
  • Contrary to personal loans that don't have collateral, home equity loans are provided for collateral, your home equity.
  • Unlike personal loans, home equity loans have fixed interests, so your interest values will not change every month. Since your collateral secures them, home equity loans offer low interest for your financing.
  • Getting a new roof or ac unit with financing with this payment plan is great for low-income holders.


  • Home equity loans put your home as collateral. If you cannot pay the loan back, you could lose your property.
  • Although home equity offers low interest, you should have excellent credit quality for these competitive rates.

Precautions to Take When Financing your Home Service Projects

Financing in your roof or ac units is a money-demanding task, and not everyone can afford to pay these amounts with interest every month. It's always better to take a few precautions:

  • Always check your roof for any leaks or if any shingles are missing. 
  • For AC units, properly maintain your systems by professionals to elongate their lifespan.


Financing your home service projects is a significant investment to secure your comfort and luxuries. Furthermore, getting your favorite commodity without paying the lump sum amount with all the available payment plans is quite efficient and secure.