Home Foundation Repair Financing

How to Pay for Foundation Repair with No Home Equity

A damaged foundation is one of the worst problems a homeowner can face. Left uncorrected, it can ruin your home’s value while exposing you and your family to serious safety risks.

Despite this fact, many homeowners put off having their foundation repaired, often due to fears of high costs.

If this sounds like you, then we have good news. Not only is the work more affordable than you may think, but there are many possible ways to pay for it. This is true even if you have no equity in your home.

Align Foundation Repair offers financing arrangements with low monthly payments, no prepayment penalties, and interest rates as low as 8.9%.

We’ll look more at these financing opportunities in just a bit. For now, let’s consider the high cost of ignoring foundation repair.

What Happens When Good Foundations Go Bad

Here’s what happens when your home’s foundation starts to fail:

  • Creaking doors and cracked windows: One of the first signs of a damaged foundation is a door that no longer fits its frame. As the problem worsens, you may notice your windows cracking or falling out altogether.
  • Unlevel floors and out-of-square walls: In a properly built home, corners are an even 90° and floors run straight across with no sagging. A damaged or sinking foundation can destroy these important symmetries, damaging your home’s framework and ruining its aesthetics.
  • Cracked Drywall: Telltale signs of a settling foundation are cracks in the drywall. Cracks may appear horizontally, vertically, or in “stepped” formation. The larger the cracks, the more likely they are due to foundation issues.
  • Collapsing chimneys: A sagging foundation can cause a brick chimney to lean sideways until it falls down altogether, creating a potential fire hazard and exposing you to legal liabilities.

Foundation Repair Payment Options

As you can see, foundation problems are too serious to ignore. Now let’s look at ways to pay for the necessary repairs:

  • Savings: Putting aside a little money for a rainy day is a time-honored way of guarding against future calamities. What better way to use these funds than to fix a damaged foundation?
  • Personal loans/credit cards: If you’ve suffered financial problems in the past, then a friend or family member may be able to cosign on your behalf.
  • Financing arrangements through our affiliated lenders: These programs offer several advantages, including 12-month same-as-cash, long terms to keep the monthly payments low, no prepayment penalties, and interest rates as low as 8.9%.

Contact us here at Align Foundation Repair today to learn more. We’ll provide you with a no-obligation quote, explain your options for financing foundation repair, and leave you with the facts you need to make an informed decision.

How to Finance Your Foundation Repair

Home improvement projects fall into two classes: those that can wait and those that can’t. Knowing the difference between the two is all-important, not just for your home’s resale value but your personal safety as well.

When it comes to foundation repair, the dangers of putting it off are too great to risk. After all, any house is only as sound as the structure that supports it.

That might make a lot of sense to you – but what if your household is on a pretty strict budget? Where’s the money coming from to pay for the work?

Here at Align Foundation Repair, we understand completely. After all, extra funds are tight for millions of homeowners across the country right now.

That’s why we’re excited to tell you about the many foundation repair financing options we offer to our customers, with monthly payments as low as $125. Don’t delay this crucial work when help is readily available.

A problem too serious to ignore

Nothing poses a greater risk to your home than a damaged foundation. Here’s why:

  • A failing foundation can cause problems throughout your house: Such as unlevel floors, windows that won’t open or shut, and doors that stick or won’t stay closed.
  • Cracks in your foundation create the perfect entry point for moisture: Water can flood your basement or crawl space, promote mold or mildew growth, or cause your home’s wooden supports to rot away, putting the entire structure in danger of collapse.
  • A bad foundation can devastate your home’s resale value: A house with foundation problems is almost impossible to sell in most markets.
  • Time will only make the issue worse: Sometimes, a foundation becomes so weak that the property is condemned, forcing the family to abandon it altogether.
  • Disregarding the problem now can cost you a lot more later on: Eventually, it may get to the point where a brand-new foundation is needed, a job that can cost tens of thousands of dollars.

For all these reasons and more, we urge you to call us today to discuss foundation repair finance. Tomorrow may be too late.

How to Pay for Foundation Repair

Besides our programs, there are a number of other ways to pay for the job. They include:

  • A home equity loan: Which can put cash in your pocket just when you need it the most.
  • A personal loan: Either from your bank or a private financing company.
  • Credit cards: Which are handy to have when an unexpected expense arises, such as the need for foundation repair.

Get in touch with us here at Align Foundation Repair today to learn more. We’re happy to help you in any way we can.