When it is time to convert your back porch into a cool, bug-free living space, having the right sunroom contractor is going to be paramount. Finding an easy way to pay for this project is arguably even more important. Since you will be spending a lot of time researching contractors, how will you find the time to shop around for loans? At HFS Financial, we want to help you find the perfect sunroom contractor PLUS the easiest way to finance your dream sunroom.
Find the Right Sunroom Contractor
Take the time to read reviews and ask any potential contractor for references. You’ll want to make sure they have experience building sunrooms, and it would be even better if you can see one of their finished sunrooms in person.
Ask all potential sunroom contractors if they are licensed, insured, and bonded. Inquire about this from the very beginning to avoid having your dreams dashed after you have settled on a contracting business. Any reputable contractor will be happy to show you the paperwork to prove it.
Being licensed means the contractor has proven their worthiness and paid dues to a state licensing board. Additionally, they will stay at the top of their game to avoid having their license revoked.
You will want to make sure they are insured so you won’t be stuck paying for damage they might cause to your property. On the same note, make sure they have workers’ compensation insurance so you will not be held liable for paying for medical bills or lost wages of a worker injured on your property.
To be bonded means the company has paid for a surety bond. The surety bond steps in to pay for another contractor to come finish the job if your contractor cannot finish for some reason.
Learn the Difference Between a Home Equity Loan and a Personal Sunroom Loan
The whole process of a home equity loan is complicated, and it takes a long time. You will have to schedule an appraisal of your house, and who knows how long that will take?
If you come to an agreement and your home equity loan is approved, then you will probably have to wait a while for the funding to come through. And even then, many banks do stage funding. This means they will only put part of the funding in your bank account at a time. Your contractor might need more money before the next stage of funding is available to you. Talk about project delays.
Thankfully, there is a better option. If you can find a contractor who is partnered with HFS Financial, or is willing to partner with us, then you will be able to find a personal sunroom loan fast. You will not have to worry about a home appraisal. We make the process much faster and easier than getting a home equity loan.
We do not do stage funding! Your project funding won’t trickle down in stages.
Get a Sunroom Loan on Your Own
If your chosen sunroom contractor has not yet partnered with HFS Financial, that is okay! As a consumer, you can apply to get a loan through HFS Financial all by yourself. It only takes 60 seconds to fill out the application. One of our sunroom loan experts will contact you to give you the best financing options with the lowest possible interest rates. When it comes to quick and easy sunroom financing, at HFS Financial, “You Dream It, We Finance It!”