Understanding Financing Options for Your Home Improvement Project

If you're planning a home improvement project like replacing your siding or roof but feeling anxious about how to pay for it, you’re not alone.

Exterior renovations are one of the most important investments you can make in your home. They protect your house from the elements, improve energy efficiency, boost curb appeal, and increase property value. But they also come with a significant price tag—and for many homeowners, the thought of paying the full cost upfront is intimidating.

The good news? You have options. Whether you're planning ahead or facing an urgent need for repairs, financing can make your project more manageable and less stressful.

We get it. And we’re here to help you navigate your options so you can move forward with confidence—without putting your finances in a tough spot.

In this guide, we’ll answer the most common questions about paying for siding or roofing projects, walk you through available financi ng options, and explain how we can help connect you with trusted financing partners like GreenSky® to get your project moving.

How Much Will My Project Cost?

Siding and roofing projects can range from a few thousands dollars to tens of thousands, depending on the size of the replacement and the scope of the work. It’s important to get an estimate on your project to get a baseline price

Do I have to pay the full amount up front?

Nope! Most homeowners don’t, and we don’t expect you to. While some home services companies may require full payment upfront, we follow a progress-based payment schedule designed to align with each phase of your project. Typically, payments are broken down into manageable phases like this:

1. Down payment at contract signing 
2. Payment upon substantial delivery of materials 
3. Payment after substantial completion of siding 
4. Final payment after substantial completion of painting 

“Substantial” here typically means the majority of the materials needed to start the project have been delivered.

This structure allows you to space out payments while still keeping your project on track. Your exact payment terms will be outlined in your contract, and your Project Manager will keep you updated on when each milestone is approaching.

This approach gives you time to plan and spread out your expenses rather than making one large lump-sum payment.

Can I Finance My Project Instead of Paying Out of Pocket?

Yes, and many homeowners do.

Financing your siding or roofing project allows you to spread payments out over time, often with low monthly payments or promotional terms like deferred interest. This can be especially helpful if:

• You’d rather preserve your savings or emergency fund.
• You want to take advantage of seasonal discounts or limited-time offers.
• You need to complete the project now (e.g., due to damage or leaks), but funds aren’t immediately available.

We work with GreenSky®, a leading home improvement financing provider, to offer fast, flexible loan options to our customers. Their application process is simple, and approval can often happen within minutes.

How Do I Apply for Financing?

Whether you're planning a full exterior remodel or just need a new roof, financing can help you get started without waiting months or even years to save up.

If you’re interested in financing, just let us know during your consultation or project planning. We’ll walk you through your options and help you apply directly through GreenSky’s secure platform.

You can apply online or over the phone. There’s no obligation to accept a loan if approved—it’s simply a way to see what’s available to you.

Some features of GreenSky financing include:

• No interest if paid in full during the promotional period (subject to terms)
• Low fixed monthly payments over a set term
• Credit lines up to $100,000 for qualified applicants
• Quick approvals and paperless process

GreenSky makes financing accessible, and our team can help walk you through the application or get you connected with a rep.

Even if GreenSky isn’t the right fit for your situation, we have access to multiple lenders with varying criteria, so there’s often another option to explore.   

What if I My Application for a Loan was Denied?

Being denied for financing is frustrating—but it doesn’t mean your project is dead in the water.

First, take a breath. There are still steps you can take:

1. Talk to Us

Let your Project Manager know what happened. In many cases, we can help troubleshoot the issue, suggest other lending options, or refer you to another financing provider. Every situation is different, and we’ll work with you to find a path forward.

2. Review the Denial Reason

Most lenders will provide a reason for the denial. Common factors include:

• Low credit score
• High debt-to-income ratio
• Incomplete application information

Sometimes, correcting or updating information is enough to reverse a denial. Other times, applying with a co-signer or exploring a different financing structure may help.

3. Explore Other Options

If traditional financing doesn’t work out, there may be other strategies worth considering:

• Home equity line of credit (HELOC): Taps into your home’s value to fund improvements. If you have equity in your home, a HELOC or home equity loan may offer lower interest rates and longer terms than personal loans. These are typically offered through your bank or credit union. With this you take the risk of being unable to make payments in the future, and risking your home ownership altogether.
• Cash-out refinance: Replaces your existing mortgage with a new one (and extra funds) at today’s rates. While this frees up money to work with, it does borrow against the equity you have in your home.
• Local grants or low-income home repair programs: Depending on your area and income, you may qualify for assistance. Check with your local governments for home repair programs. If you qualify, it could be an excellent way to finance your home in a less risky way, again, provided you can make the payments on time. Local grants or low-income home repair programs can be an excellent alternative to mainstream refinancing options.

We’re happy to point you in the right direction based on your location and project type.

Do I have to take out a loan?

Not at all. Financing is a tool, not a requirement. Some homeowners pay for their project with savings or use a credit card for a portion of it. Others prefer to finance through one of our trusted lending partners or a lender of their own.

Loans with Pacific Exteriors LLC are taken through Greensky or EnerBank USA, both companies that specialize in home improvement. In addition, we also offer flexible financing options that support you, the homeowner, in exactly what you need. Schedule a consultation to discover what it is today!

Regardless of whether you contract us, what matters most is choosing the option that feels right for you and your budget.

There are several other options to choose from when it comes to paying for roofing or siding projects. You can pay a portion of your project out-of-pocket and finance the rest. This helps reduce your monthly payments while preserving flexibility.

Some homeowners use credit cards that have rewards or 0% interest promotional periods.  Some owners choose to use savings set aside to avoid interest or monthly payments all together. This helps reduce your monthly payments while preserving flexibility.

If you've been putting money aside for home maintenance, using savings can avoid interest or monthly payments altogether.

What if I’m worried about being approved for financing?

Totally valid concern. Here’s what we want you to know:

• Getting denied doesn’t mean it’s the end. Sometimes all it takes is a co-signer or applying with a different lender.
• We work with multiple lenders. Each has different approval criteria, so if one says no, another might say yes.
• We’ll walk you through it. If financing is something you're interested in, our accounting team at Pacific Exteriors can connect you with options that fit your needs.

If traditional financing doesn’t work out, we can still talk through other ways to phase the work, prioritize essentials, or adjust the scope to better align with your goals.

What are my financing options?

We partner with lenders that offer:

• Same-as-cash options (0% interest if paid off in a set timeframe)
• Low monthly payments
• No early repayment penalties
• Flexible credit approval (including options for homeowners with fair or limited credit)

These programs are designed to help you complete your project without delay, especially when critical repairs can’t wait.

Why financing might be a smart choice

Even if you have the cash in the bank, financing your siding or roofing project can offer benefits like:

• Preserving savings for other needs
• Taking advantage of seasonal discounts or limited-time pricing
• Spreading out payments while enjoying the protection and efficiency of a completed project now

Investing in Your Home’s Exterior

We know the cost of exterior remodeling can feel like a lot, but it’s also one of the most valuable things you can do for your home.

Here’s why homeowners choose to invest in new siding or roofing:

Protection from the Elements: Damaged siding or an aging roof can lead to leaks, mold, rot, and structural issues. Proactive replacement helps prevent costly damage.

Energy Efficiency: Upgraded materials and insulation reduce heating and cooling costs, especially in homes with older siding or drafty roofs.

Increased Home Value: According to national remodeling reports, exterior upgrades consistently offer high returns on investment. Curb appeal matters whether you’re planning to sell or stay.

Peace of Mind: Knowing your home is protected, safe, and weather-ready brings real peace of mind, especially during the rainy seasons here in the Pacific Northwest.

Still have questions?

We know financing can feel overwhelming, but we’re here to help make the process easier.

Whether you're just exploring possibilities or need to get a project started quickly, we’ll guide you through the options, connect you with trusted lenders, and help you make the best choice for your home and budget.

The most important thing? Don’t let fear of cost delay the repairs or improvements your home needs. Whether you’re paying upfront, spreading payments out, or finding another way—we’ll work with you to get it done.

Let’s talk about what works best for you. Contact the accounting team at Pacific Exteriors LLC to learn more about your payment and financing options or ask us during your free estimate. We're here to help you protect and improve your home with confidence.