Do Siding Companies Offer Financing? [Quick Answer]

Siding projects can cost a lot, and homeowners only have little choice but to ask themselves: Do Siding Companies Offer Financing? What version of siding will be installed in your house and why? Aside from aesthetics, offering protection from the material used for those considerations is essential. This extensive guide will cover the costs, negotiation tips, financial questions, and much more to help you make your final decision.

Do Siding Companies Offer Financing?

Most siding companies provide financing options that allow homeowners to finance their new siding projects.

How Much Does New Siding Cost?

The cost of new siding can differ significantly depending on the type of material, the size of the home, and other factors such as the region in which you live.

• Image: An adapter allows Dream Color Strip Siding to be attached inside or in place of a standard receptacle and switches for quick installation.
• Wood Siding: Prices range between $5 – $10 square feet.
• Fiber Cement Siding: Typically priced at $5 to $13 per square foot.
• Stucco Siding: Usually About $6-9 per square foot.
• Cost: Brick Siding is the most pricey and can see anywhere from $10 – $15 per square foot.

Additional Costs to Consider

• Old Siding Removal: Removing old siding can increase the cost to about $1,000-$3,000.
• Extra Supplies: You may need insulation, paint, or caulking, which can drive up costs.

Can You Negotiate On Siding?

Yes, you can negotiate on the siding. See below for negotiating tips that’ll land your wallet a good deal:

• Multiple Quotes: It is essential to get at least three quotes from different contractors. This will give you an idea of what they charge and allow you to negotiate according to competitor prices.
• Bundle Service: If you need other exterior work, such as paint and roofing, inquire about bundling options.
• Request for Discounts: Inquire about seasonal or senior citizen discounts and cash discounts.
• Labor Costs: There is no hard rule that labor must be included in this, which means you can save some of your budget by negotiating with the contractor for a decent price.
• Offer flexible scheduling: If you permit those with open availability to be home during the day to come by when it is more convenient for them to do so, offer a discount.

Options For Siding Financing

When asked, “Are there any siding companies that offer to finance near me?” When it comes to shelter solutions, the following are needed and should be explained:

In-House Financing

Many siding companies may provide in-house financing at different interest rates and terms. For example, it is convenient to finance the project through a company doing that work. They usually come with lower interest rates, but only if you have enough equity.

Personal Loans, such as home improvement loans, can be used for siding projects and are usually unsecured, meaning you do not need to use your house and collateral. However, they now come with higher interest rates.

Credit Cards

Credit cards are an option, but they are not very good long-term investments because of their high interest rates. You will likely find various government programs that could provide low-interest loans or even grants to help finance home improvement projects like siding.

Best Finance Program For Siding Job

The ideal financing option for your siding project will be contingent on your financial situation, credit score, and price associated with the scope of work. Some top options include:

• 0% APR Credit Cards: For smaller projects, so long as you pay off the balance in time.
• Low-Interest Rate In-House Financing: Many professional siding companies offer timely promotional financing with low rates or 0% for a while. You can borrow against your home, which usually provides a lower interest rate than personal loans.
• FHA Title I Property Improvement Loan: This government-backed loan can be used to revamp older homes and comes with better terms than unsecured loans.
• Personal Loans with Fixed Interest Rates: Fixed-rate personal loans are valuable if you want predictable monthly payments.

Types Of Siding To Choose From

When you are getting ready to start a project with your siding selection this plan needs material that can result in the installed product. Below are some popular ones:

Vinyl Siding

Vinyl siding is becoming increasingly popular. It is cost-effective, requires very little maintenance, and can come in a host of colors and styles. Wood siding can offer natural appeal, but to prevent rot and insect wear, you will need to devote time to its maintenance.

Fiber Cement Siding

A durable, fire-resistant, insect-proof, and rot-proof option. Looks like wood or masonry.

Stucco Siding

This product offers the most beautiful appearance, is textured, and is energy-efficient, but it might only hold up well to years (or months) of life on top if it is properly installed.

Brick Siding

Another long-lasting and low-maintenance material with a timeless look like stone siding, but it costs more to install.

When Should You Replace Siding?

Siding is no light investment, and timing can be everything. Here are a few signs one would consider replacing their siding default state.

• Physical Harm: Cracks, holes, and warping indicate the siding is damaged.
• If your heating and cooling costs spike, damaged siding may be to blame for letting air into the home.
• Mold or Mildew: This area may be where moisture is being held behind the siding.
• Fading or peeling: An excessive amount of fading and flapping paint can signify that the siding material has degraded.
• Exterior Damage: On the other hand, if you notice that your exterior requires frequent repairs, it could be more practical to replace it.

Steps To Take Before Making A Siding Financing Choice

Before you avail of a siding financing method, here are specific steps that will guide you to realize the best way for your needs.

• Check Your Budget Even If You Do Not Finance: Find out how much you can spend on the project without financing. Determine financing availability and the interest rate you can expect.
• Obtain More Than One Quote: It is best to compare the quotes you receive from different contractors so you know the costs.
• Check out All Financing Opportunities: Take some time to locate a variety of financing, such as in-house, private financial institutions, and government programs.
• Read the fine print: Ensure you understand all terms and conditions associated with a financing agreement, such as interest rates, fees, and penalties.
• Look Ahead: If you are planning to finance, consider the long-term financial ramifications and whether your monthly budget can handle those payments.

Does James Hardier Do Financing?

James Hardier is one of the most famous brands for fiber cement siding, and he does not offer direct financing. A network of preferred contractors who you may have the option to finance materials and projects through.

If you are a homeowner interested in James Hardier siding, you may seek consultation with your local contractors to know more about the financing partners they work with.

Does New Siding Increase Home Value?

New siding does add value to a home. Not only does quality siding boost curb appeal, but it also increases energy efficiency and acts as a barrier to the elements, something that catches potential buyer’s attention.

Remodeling Cost vs. Value report: Siding Replacement & Vinyl siding replacement offer good payback upon the sale of a home, returning over 75 percent of investment costs for vinyl remodeled homes sell faster, too!

Conclusion

To sum it all up, the answer is, do siding companies offer financing or not? There is a definite answer: lots of them do, but offering the right financing plans can surely go a long way to helping some people manage project costs in siding.

So when it comes to knowing the cost of siding, haggling with contractors for good prices, or simply having available financing, activities that impact home value can be successful.

Frequently Asked Questions