How Roof Financing Works at Hoel Roofing: Step-by-Step Guide to Using Slice

How Roof Financing Works at Hoel Roofing: Step-by-Step Guide to Using Slice

Need a new roof but worried about paying the full cost upfront? You’re not alone. Replacing a roof is one of the most significant investments you’ll make in your home, but it doesn’t have to drain your savings or delay a much-needed project.

At Hoel Roofing, we believe every Indiana homeowner deserves a safe, reliable roof without financial stress. That’s why we’ve partnered with Slice, a modern financing platform that helps you get the roof you need now and pay over time, with clear terms, flexible plans, and zero surprises.

In this article, we’ll walk you through what Slice financing is, a step-by-step guide to get financing with Slice, what monthly payments look like, and some frequently asked questions.

What Is Slice Financing and How Does It Work for Roof Replacements?

Slice is a simple online platform that connects homeowners with flexible roof financing options. You apply directly through a secure link, see your available plans instantly, and choose the one that fits your budget, all without stepping into a bank or filling out piles of paperwork.

Why Do We Use Slice At Hoel Roofing?

  • Fast approvals: Homeowners can apply and get a decision in minutes.
  • Flexible terms: They allow users to choose monthly payments that fit their budget.
  • Transparent rates: No hidden fees or surprise terms.
  • All online: Apply, review, and sign,  right from your phone or computer.

Step-by-Step: How Roof Financing Works at Hoel Roofing

Financing your roof with Slice through Hoel Roofing is simple. Here’s what to expect:

1) Get the estimate and confirm you want to finance

  • Receive a written estimate from Hoel Roofing that lists the scope, total cost, and start date.
  • Decide how much of the project you want to finance (either at full price or in a portion).

Hoel Roofing will generate a financing link or QR code from their Slice (or partner) portal. The link shows the loan options available for your project amount.

2) Complete the online application

  • Click the link or scan the QR code. The application can be filled out on your phone or computer.
  • Provide basic details: name, address, SSN, date of birth, income, and contact info.

The portal typically asks for the project cost and may ask whether you want a down payment.

3) Credit check and decision

The lender performs a credit check to underwrite the loan. This may be an instant decision.

  • The lender will show available term options and estimated monthly payments.
  • If approval is conditional, the lender will list the next steps.

4) Choose a loan option and sign documents

  • Select the repayment term that fits your budget.
  • Review the loan disclosure carefully: APR, term length, monthly payment, fees, and prepayment rules.
  • Electronically sign the loan agreement (e-signature).

5) Funding and payment to the contractor

  • After the documents are signed, the lender funds the loan.
  • The typical funding timeline is within a few business days after final approval and signing. Ask Hoel Roofing for an expected date.

6) Project scheduling and start

  • Once funding is confirmed to Hoel Roofing, Accept Your Offer and Schedule Your Roof Project
  • Once approved, you can move forward right away. We’ll confirm your project schedule and start your roof replacement, no waiting, no delays.
  • Keep copies of all loan documents and payment confirmations.

What Do Monthly Payments Look Like When You Finance Your Roof?

Your exact payment depends on your credit and loan terms, but here’s a general idea of what roof financing with Slice can look like.

How to Estimate Your Roof Payment with Slice

Project Cost 12-Month Term (Est.) 24-Month Term (Est.) 36-Month Term (Est.)
$10,000 ~$875/month ~$450/month ~$315/month
$15,000 ~$1,310/month ~$670/month ~$470/month
$20,000 ~$1,750/month ~$900/month ~$625/month

Actual rates and terms vary based on credit and approval.

This helps you budget confidently, knowing exactly what your monthly investment will be before you commit.

Frequently Asked Questions About Financing Your Roof with Hoel Roofing

Do I Have to Pay Anything Upfront?

Not always. Depending on your credit and the plan you choose, Slice may let you start your project with little to no upfront payment.

What Credit Score Do I Need to Get Approved By Slice?

Slice works with a wide range of credit profiles. Even if your credit isn’t perfect, you may still qualify for flexible terms.

Can I Pay Off A Roof Loan From Slice Early?

Yes, and there are no penalties for doing so. You can pay extra or close out your balance at any time.

Is Slice Financing Available for Roof Repairs or Only Replacements?

Slice financing can be used for both roof repairs and full replacements, depending on your project’s size and cost.

How Do You Get Started with Roof Financing Today?

Ready to replace your roof without the financial strain?
Here’s how to get started:

  1. Request a free roof estimate from Hoel Roofing.
  2. Ask about Slice financing — we’ll walk you through your options.
  3. Apply in minutes and see your payments instantly.

At Hoel Roofing, we offer free roofing inspections and estimates so our customers can understand the extent of the damage to their roof and the cost to repair it. If you’d like to know how much your roof replacement will cost, try out our free instant estimate tool. You’ll get clear numbers to guide your decision.

Toyosi Ogunsola

Toyosi Ogunsola is the Content Manager at Hoel Roofing & Remodeling in Rushville, IN, where she oversees the creation of educational, trustworthy content about roofing, remodeling, and home improvement. With a master’s degree in Emerging Media Design and Development and a background spanning content strategy, UX research, and digital marketing, Toyosi combines data-driven insights with clear, engaging writing to help homeowners make informed decisions. Passionate about translating complex roofing topics into helpful resources, she works closely with Hoel’s team of roofing experts to ensure every piece of content is accurate, practical, and user-focused.

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