A new roof, kitchen, or deck is a significant investment. The good news: there are more financing options than ever to make home improvements accessible without draining your savings.
Option 1: Cash / Savings
The simplest option — no interest, no payments, no debt. If you can afford to pay cash, it's always the best financial choice. However, depleting your emergency fund for a renovation isn't advisable.
Option 2: Home Equity Loan (HEL)
Borrow a lump sum against your home's equity at a fixed interest rate. Good for large, defined projects where you know the total cost upfront. Rates are typically lower than personal loans.
Option 3: Home Equity Line of Credit (HELOC)
Similar to a HEL but works like a credit card — draw what you need, when you need it. Great for phased renovations. Variable rates mean payments can fluctuate.
Option 4: Personal Loan
Unsecured loan based on your credit. No home equity required. Higher rates than HELOCs but faster approval and no risk to your home. Good for mid-range projects ($10K–$50K).
Option 5: Contractor Financing ($0 Down)
Many contractors (including Peak Exteriors) offer financing through lending partners. Benefits include:
Option 6: Credit Cards
Only advisable for small projects you can pay off within the promotional 0% APR period. Carrying a balance at 20%+ APR makes projects dramatically more expensive.
What We Offer
Peak Exteriors partners with leading home improvement lenders to offer $0 money down financing with competitive rates and flexible terms. We make it easy to get started — apply as part of your free estimate appointment.
Contact us to learn about our financing options.