October 2, 2021

Roofing Companies That Offer Financing

Finding new roof financing is an essential but stressful task as it can be challenging to come up with thousands of dollars for an unplanned project. Read our blog to find out how Grennan Construction can help you!

Roofing Companies That Offer Financing

Replacing your roof can be a part of a preplanned project or something you have to do under emergency circumstances. Either way, it can be a pretty significant dent in your wallet. Finding new roof financing is an essential but stressful task as it can be challenging to come up with thousands of dollars for an unplanned project. However, keeping the roof of your house intact is an essential task to ensure the safety of your family and your house from external elements. Here we will discuss some things to consider when completing a roof replacement project on your home.

The cost of your new roof will depend on a variety of factors such as:

  • The size and structural integrity of your roof
  • The kind of roof shingles you choose to use
  • The roofing contractor you hire to install your roof
  • Where you live

How Much Does it Cost to Reshingle a Roof?

On average, across the US, it will cost between $7,000 and $13,200 to replace a 2,000-2,200 sq. ft. roof on a single-family house up to two stories high. 

You can also use this ROOFING CALCULATOR to get a closer estimate of the cost of your roof replacement.

If at any point you would like to seek our advice or services, please, call us directly at 248-462-0224.

Roofing Companies That Offer Financing

We Can Help!


Many homeowners tend to ignore the damage incurred to their roof until it shows signs of serious underlying issues. In other cases, some natural disasters such as violent storms or unforeseeable accidents can cause significant damage. Despite having insurance, you might be left with a substantial deductible which may be out of your budget. Seeking out alternate funding options may become necessary.

In Michigan, new roof financing options are sometimes available when working with reputable roofing companies. If you are looking for financing for your new roof in Oakland County, Grennan Construction offers great options through Synchrony for its customers.

What are the benefits of hiring us?

We Offer Financing Options For Your Roof

Here are some of the ways you can finance your roof without waiting to save up money and before it does additional damage to your home.

  • Roofing Company Payment Plans

Reaching an agreement with the contractors you hire to rebuild or repair your roof is the best alternative to funding your roof. 

Grennan Construction offers financing through Synchrony Bank Bank for as low as $200 a month. Contact us at 248-462-0224 to speak with a roofing specialist.

  • Insurance Coverage

Homeowner's insurance will oftentimes cover damage caused by natural disasters. There are many factors that come into play when filing a claim.

Homeowner's insurance generally does not cover damage resulting from lack of maintenance or wear and tear. To get a clearer picture of what is covered please read your policy or contact your provider. For a brief review of what is and is not generally covered please read this article by All State Insurance.

  • FHA Title I Home and Property Improvement Loan

The Federal Housing Administration (FHA) heads the Title I loan program, which provides loans to property owners through lenders. The benefit here is that lenders are much more comfortable having a middleman that can assure they will get paid back. 

Title I program allows you to borrow up to $25,000 and have up to 20 years to pay it off as long as you own a single-family home. The agreement terms include that loans over $7,500 must be secured by a deed of trust on the property or mortgage. If you fail to make the payments, the lenders have the right to seize your assets. 

  • Home Equity Loan

A cost-effective option to secure financing for your new roof is to take out a home equity loan which is applicable if you have equity built up in your home. 

Your home equity can be calculated by the current value of your home and deduct the amount of money you owe to the mortgage. You can go to a bank or any financial institution and use your home's equity as collateral for the loan.

  • Personal Loan

Another feasible option to secure funding for your home is to take out a personal loan from a bank or any other financial institution. This loan allows you to borrow up to $100,000. Another benefit of taking out a personal loan is that you don't need to put down collateral before agreeing to these terms. It saves you from endangering your house and other assets from being seized in case of a default. 

  • Cash

The last option you have depends on you having enough savings in your account to take out cash to cover the cost of your new roof. It saves you from paying interest, being in debt, or putting down collateral.

Financing your roof replacement or repair can be a long process, but doing so is essential for your safety and your family's. So, don't forget to contact us if you would like to know more about our services or to schedule a free quote on your project.

Roofing Companies That Offer Financing

Working with Grennan construction:

Located in Oakland County, Michigan, Grennan construction offers loans for replacing roofs in the Oakland County area. 

Our Process:

  • We will survey your property and provide you with an estimate of the cost to replace your roof. The estimate is offered free of charge. 
  • Then, we present a plan for your roof replacement project.
  • Next, you can submit your application for roof financing. If your request is approved, the company provides you with a loan that you will pay back monthly. Our financing is offered through Synchrony bank, starting from as low as $200 monthly installments. 
  • We install your new roof!

Don't let a small budget keep you from getting what you want or need.


Pay off your roof with Synchrony Bank Loan

Don't let a small budget keep you from getting what you want or need.

Synchrony provides you with promotional financing options for major
purchases, offering you a budget-friendly way to help expand your purchasing power
and convenience with:

  • A simple application process and fast credit decision
  • Unsecured, revolving credit lines
  • An open credit limit for future purchases
  • Promotional financing options
  • Convenient monthly payment options
  • Online account management
Residential roofing before new roof photo.


Residential roofing contractor complete new roof after photo



If you need a new roof, the Oakland County Roofing professionals at Grennan Construction can help. Our estimates are always free, and we offer to finance through Synchrony for those who qualify.


1. Call Us To Schedule Your Free Estimate 248-462-0224
2. Review your Estimate and Schedule your project
3. Enjoys the beauty and security of your new roof

Do you still have questions about financing your new roof? If so, contact us to discuss your options.

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