Get the Financing You Need
The Roof Central team knows that the unexpected happens and having funds available to cover an unplanned residential roofing crisis can be challenging. That is the exact reason we have partnered with PowerPay.
PowerPay is an online digital finance platform that puts consumers and lenders together. These lenders are focused specifically on construction and home-improvement types of loans, so they know the intricacies and requirements of this specific type of lending.
PowerPay isn’t simply for that emergency, however. Perhaps you want to upgrade that older roofing system and take advantage of cool roof technology? Maybe it is simply time for renovation, but financial liquidity is an issue? Whatever the reason, PowerPay could have the right financing option for you.
How Does It Work?
How exactly does PowerPay work? It’s very simple and straightforward.
- Application. Complete the simple online application. Be sure to answer all the questions to avoid delays in approval. This process usually takes about 3 minutes.
- Approval. Approval can be almost instantaneous, depending on your credit scores. Generally, approval takes less than 10 minutes.
- Offers. Review the offers you receive to identify the best for your situation, in terms of monthly payment, interest rates, and length of the loan.
- Selection. Pick your best offer, complete the loan process with the lender, and get ready for that roofing job!
Keep in mind, PowerPay is designed for improvements to homes. They define a “home” as a permanent residential building affixed to the land. If you have a mobile home not affixed, that home will not qualify under their definition.
PowerPay Advantages
There are a lot of different digital finance platforms available on the market. Why consider PowerPay financing as your choice? They have a few distinct advantages for your consideration.
- Residential loans up to $100,000.
- Near instant approval.
- 3 programs to choose from.
- Interest rates as low as 4.99% OAC.
- No prepayment penalty.
- No credit card requirement.
- Term options up to 15 years.
PowerPay Programs
PowerPay currently offers 3 distinct programs to select from. Though not fully outlined, we are including a brief overview of each.
Base Program.
This is their basic program and will meet most people’s needs. It offers:
- Interest rates beginning as low as 4.99%.
- No prepayment penalties.
- Finance terms of 5, 10 or 15 years.
- No credit card requirement.
Promotional Program.
- Interest rates as low as 8.99%.
- Up to 24-month deferral with no payment or accrued interest.
- No balloon payment at end of deferral.
- 15-year term.
- No credit card requirement.
Balance Pay.
- A “pay in full” program offering terms of 2, 3 or 5 years, with no interest.
- Default rates begin as low as 8.99%.
Interested in learning more? Call your Roof Central expert at (919) 808-5111. We would love to sit down with you, discuss the PowerPay financing program and by working together, make that dream house your personal reality. We look forward to hearing from you soon.