Contractors and Financing Details

Posted on by Elite Home Exteriors NW

Contractors and Financing Sales Gimmicks! –

There are many exterior contractors who offer a few different financing options and some that offer “Free Financing”. Beware you are still paying for interest financing charges. Unfortunately, banks are not going to loan thousands of dollars for free. There is always is a finance fee. For example on a 24 month same as cash option with Construction Loans, will apply a 12% of the total contract amount. Then they hope you cant pay it off within the 2 years and make 25% or more of interest.

How can contractors include “Free Financing” in their quote?

Those types companies sell you on a monthly payment because a few hundred a month looks a lot better than $35,000 payment. Some contractors also can be Thousands more to hide that finance fee in their estimate.
Elite Home Exteriors NW ALWAYS recommends going to your local credit union to get a lot rate loan or take out a home equity line of credit.

www.EliteHomeExteriorsNW.com
WA 360-605-9030
OR 971-978-8775
www.facebook.com/EliteHomeExteriorsNW

Elite Home Exteriors NW Warranty – Elite Home Exteriors NW also includes a LIFETIME Labor warranty to any Full Home or Full wall reside because we install all products to Manufacturer Guidelines and state building code. Committed to Quality Rain or Shine!

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