Financing · Service Finance
Roof financing in Florida
A roof is rarely a purchase anyone planned for. Financing spreads it over months instead of asking for it in one go — a 12-month no-interest option, or a longer fixed-rate term for bigger tile and metal projects. Here is how it actually works, what it costs, and what to ask before you sign anything.
Plans from $99.59 a month through Service Finance, subject to credit approval. Example payment, not an offer.
How roof financing works
Four steps, in this order. The money question is last on purpose: there is nothing to finance until there is a scope.
- 1Free inspection and written report. Every slope photographed, condition and remaining life assessed, storm damage documented. Yours to keep whether you hire us or not.
- 2An itemised scope and price. Including the per-sheet decking price, so the number cannot move once the shingles come off.
- 3Choose how to pay. Cash, a home equity line, your own credit union, or a plan through Service Finance. The price is the same either way.
- 4Apply, if that is the route. The application is the lender's, it takes about ten minutes, and the decision is theirs. We never see your credit file.
The two kinds of plan
12 months, no interest
Clear the balance inside the promotional window and the credit costs you nothing. Best for a job you could nearly cover anyway, or where an insurance payment is coming but has not landed yet.
Ask the lender: what happens if the balance is not cleared in time — deferred interest back to day one, or the standard rate going forward? Those are very different answers.
Long-term, fixed rate
A fixed rate over a longer term, which is what most tile and metal projects use. The monthly payment is far smaller; the total cost of the credit is higher.
Ask the lender: the total cost of credit over the full term, not just the monthly payment. There is no prepayment penalty, so paying it down early always helps.
Financing, cash, or the insurance claim
These are not alternatives so much as three parts of the same bill, and most roofs use more than one.
| Route | Best when | Worth knowing |
|---|---|---|
| Insurance claim | A named storm or a sudden event damaged the roof | Covers sudden damage, not age or wear. You still owe the deductible — and Florida law forbids a contractor paying, waiving or rebating any part of it. |
| Financing | The roof needs doing now and the cash is not sitting there | Often used for the gap between what a carrier pays and what the job costs. Terms are the lender's; the roof price does not change. |
| Cash or home equity | You have the funds, or a line already open at a lower rate | Usually the cheapest. Worth comparing a home equity rate against a promotional plan before assuming either wins. |
What you need to qualify
- A completed application with the lender — about ten minutes
- Identity and income details, as any lender asks for
- A credit check run by the lender, whose threshold varies by plan
- An agreed scope and price from us, so there is an amount to finance
We do not take credit details, card numbers or bank details at any point. If anyone calling themselves a roofer asks you for those on the phone, that is not how this works.
Roof financing questions, answered
Can you finance a roof replacement in Florida?
Yes. JAC Builders offers roof financing through Service Finance, a third-party lender, across Tampa Bay and Central Florida. Plans start around $99.59 a month depending on the amount financed, and there is a 12-month no-interest option as well as longer fixed-rate terms. Approval and terms are set by the lender, not by us.
What credit score do I need to finance a roof?
The lender sets the threshold, not the contractor, and it varies by plan — the promotional no-interest terms generally need stronger credit than the long-term fixed-rate ones. Applying is a soft step: you find out what you qualify for before committing to anything. We never see your credit file.
How much does a new roof cost per month with financing?
It depends on the amount financed and the term. As arithmetic: a $15,000 shingle re-roof on a 12-month no-interest plan is about $1,250 a month, while the same amount over a long fixed-rate term is a far smaller payment with interest added over the life of the loan. The $99.59 figure quoted on roofing sites is an example payment on a small amount financed, not an offer.
Is 12 months no interest really no interest?
On these plans, yes — if the balance is cleared inside the promotional window. What to ask the lender is what happens if it is not: some promotional plans charge deferred interest back to day one, others simply revert to the standard rate going forward. That single question is the difference between the two, and it is the lender's to answer in writing.
Can I finance a roof that insurance is partly paying for?
Yes, and it is common. Financing is often used to cover the deductible-and-depreciation gap between what a carrier pays and what the job costs. Florida law prohibits a contractor from paying, waiving or rebating any part of your deductible (s. 489.147, F.S.), so financing the gap is the lawful way to spread it.
Is there a penalty for paying a roof loan off early?
Not on the plans we work with — there is no prepayment penalty, so paying it down early always reduces what the credit costs you. Confirm it on your own agreement, since the terms are the lender's.
Do I have to finance through you?
No. A home equity line, a credit union loan or cash are all perfectly good ways to buy a roof, and sometimes cheaper. Financing through the contractor is a convenience — the application happens alongside the estimate instead of as a separate errand — not a requirement, and it is not a condition of the price we quote.
When do I apply — before or after the inspection?
After. The inspection and the written roof report are free and come first, because until somebody has been on the roof there is no scope and no number to finance. You will know what the work is and what it costs before any application is discussed.
More on paying for a roof
- How do you finance a new roof in Florida?Most Florida roof replacements are paid for one of four ways: insurance proceeds when a covered storm caused the damage, contractor-arranged.
- Does my roof deductible apply to hurricane damage in Florida?No. Under section 627.701(10)(a)5 of the Florida Statutes, a separate roof deductible may not be applied to a roof loss resulting from a hurricane.
- How much does a roof replacement cost in Florida?Florida roofs are priced per square — 100 square feet of roof surface — and a single-storey 2,000 square foot home is usually 22–26 squares.
Financing is provided by Service Finance, a third-party lender, subject to credit approval. Rates, terms, promotional periods and availability are set by the lender, not by JAC Builders. The $99.59 figure is an example payment, not an offer; your amount depends on how much you finance and the term you qualify for. Ask the lender for the total cost of credit, not just the monthly payment. Florida law prohibits a contractor from offering to pay, waive or rebate any portion of your insurance deductible (s. 489.147, F.S.).
Free roof inspection. Written report. No obligation.
Mon–Fri 8am–5pm · Sat 8am–12pm · storm and active-leak calls answered after hours. Call Tampa Bay on (813) 920-9644 — or send your address and we'll come and look at it.