TEXAS FOUNDATION REPAIR FINANCING

FINANCING OPTIONS AVAILABLE THROUGH

FOUNDATION REPAIR FINANCING

Foundation repair financing refers to the financing options available to homeowners who need to have their foundation repaired. Foundation repair can be a costly and necessary expense for homeowners, and financing can help to make it more affordable. These options can allow homeowners to spread out the cost of foundation repair over time, making it more feasible for their budget. Foundation repair financing can be a helpful solution for homeowners who need to address foundation issues but may not have the funds available to pay for it all at once.

ALLEN FOUNDATION REPAIR FINANCING PROGRAMS

Allen Foundation Repair offers a variety of financing programs to fit your needs. We will be happy to go over all of our financing programs in detail, but below you will find a little information about each one!

HOW TO PAY FOR FOUNDATION REPAIR

  • Take a look at your homeowners insurance policy. Depending on whether the damage was caused by burst pipes or another issue within your home, you may be able to file a claim with your homeowners insurance policy. Your insurance company will be able to tell you if foundation repair is covered by your policy.
  • Check out grant opportunities. You may be eligible for government assistance programs like those offered by the Department of Housing and Urban Development, the Department of Agriculture, or the State. If you need help financing foundation repairs, inquire about local grants and low-cost loans.
  • Look into personal loans. You can finance foundation repair through Allen Foundation Repair preferred lenders. To increase your chances of qualifying for a low interest loan, be sure to check your credit report for errors and fix them before you apply.
  • You might consider a home equity loan or home improvement loan. If your home has sufficient equity to borrow against, this is a very common way of financing home repairs. Consult your banker for more information.

FINANCING PROGRAMS

CREDIT-BASED FINANCING:

We work with many different lenders that offer
a wide array of financing options including but
not limited to:

  • Fixed or Fixed Term Programs
  • Reduced Monthly Payments
  • Flexible Terms Extending up to 20 Years
  • Promotional Programs Vary by Lender
  • No Pre-Payment Penalty

The specific program available may be
influenced by any discounts or promotions
applied to the initial estimate

ALTERNATIVE FINANCING WITHOUT CREDIT CHECK:

IN-HOUSE FINANCING

  • A minimum deposit of 50% is required.
  • Two additional charges will be applied to the remaining balance:

a. Deed of Trust Filing Fee of $100
b. One-time 10% financing charge

 
Customers from Travis County will incur an extra
fee for mobile notary services.

PAY-AT-CLOSE

  • The property must be actively listed on MLS.
  • A minimum deposit of 50% is required.
  • A Deed of Trust Filing Fee of $100 will be applied.
  • We will collaborate with the title company to collect the
  • remaining balance at the conclusion of the sale.

*If the transaction is not finalized within 30 days, the
agreement will automatically transition to our In-House
financing option and a 10% finance fee will be applied to
the remaining balance.
 
*Customers from Travis County will incur an extra
fee for mobile notary services.