How Do I Finance Replacement Windows And Patio Doors?

Over the years our customers here at Jantek Windows and Patio Doors have paid for their window and patio door replacement projects in many ways. Here at Jantek we would like to help you understand how this works for most of our customers. Here are the most popular ways people pay for their replacement windows and patio doors

  • Cash
  • Credit Card
  • Unsecured loan
  • Home Equity Line of Credit
  • Refinancing with cash out

Paying for your replacement windows and patio doors with a credit card or cash is pretty straight forward.  The other popular financing options, are Home Equity Lines of Credit, Refinancing With Cash Out, and Unsecured Loans.

HOME EQUITY LINE / RE-FI CASH OUT

These types of loans take time to fund and could cost a few hundred dollars in fees. The process for applying, approval and receiving the funds (or the credit line) will be pretty much the same as applying for any mortgage. Since these loans are secured by the home itself, there must be a title search and insurance, loan underwriting,  an appraisal, recording of a mortgage (even with an Equity Line of Credit) etc., which all take time and cost money.

The appraisal of the property must support enough increased equity over the principle value of your current mortgage to finance your replacement window project. We have had potential clients sign contracts and give us a deposit and find out afterwards that the appraisal did not support their loan amount. This wastes everyone’s time. At Jantek we now require customer’s to have their financing secured prior to entering into a contract for replacement windows and patio doors.

Also, it is the case with both the ReFi-Cash Out and Home Equity Line of Credit are recorded as mortgage liens against your home. therefore both types of loans would be required to be paid in full to transfer clear title in the case of a sale of your home during the payback period.

UNSECURED LOANS

With an unsecured loan, there is no need to do an appraisal of your home since approval is not based on your home equity. But your ability to be able to pay the loan payments in full and on time is going to be scrutinized by the lender.

If you would like to explore this option for financing your Jantek replacement window project you can apply through HFS Financial once you receive your Telestimate from Jantek Windows. The process is quick and easy, and you can rest assured that Jantek will be there to help you with any questions you may have. Here is how it works.

Apply for Loans up to $19,999.00: (No impact to credit score)

  • Jantek provides you with the necessary replacement window job cost information
  • Click the above link and fill out the application (Takes about 60 seconds)
  • You will immediately be approved (conditional) or denied and your credit score will NOT be impacted since the lender will do a “soft credit check” not a “hard credit check.”
  • If approved you will be given a list of lenders with terms and rates to select from
  • Select from the list and you will then input your banking information.
  • You receive final approval and funding within 24 hours direct deposit to your bank account.
  •  Jantek will confirm the documents and details of your replacement window project and the installation date will be set.

Apply for Loans from $20,000.00 to $250,000.00 : (No impact to credit score)

  • After Jantek provides you with the necessary replacement window job cost information
  • Click the above link and fill out the application (Takes about 2 Minutes)
  • You will be contacted by a loan officer further discuss your credit, needs, and loan program that works for your replacement window project
  • You will then be given conditional approval
  • You will upload all outstanding conditions (pay stubs, tax returns, the contract of sale for the replacement window project, etc)
  • The loan closes (can be as quick as 3 business days) and the entire amount is deposited by wire transfer into the your bank account.
  • Jantek will confirm the documents and details of your replacement window project and the installation date will be set.

 

We also suggest you also read the following articles on our blog:

The Cost of Replacement Windows

Replacement Window and Patio Door Financing