Quick answer: Most Minnesota homeowners pay for a new roof with contractor financing, a homeowner’s insurance claim, home equity, savings, or a local city loan program. Ascension Roofing & Siding offers several financing options, including Service Finance, so you can replace a failing roof now and pay monthly instead of waiting for a leak to get worse.
How much does a new roof cost in Minnesota?
A typical residential roof replacement with us runs about $8,000 to $30,000. Smaller homes near our Isanti office usually land at the lower end, and larger metro homes run higher. Size, pitch, number of layers, decking repairs and the material you choose all affect the price. Your free instant quote gives you an exact number before you decide how to pay.
What are the ways to pay for a new roof?
| Option | Best for | Things to know |
|---|---|---|
| Contractor financing (several options, including Service Finance) | Spreading the cost into monthly payments | Apply through us; terms and approval depend on your credit |
| Homeowner’s insurance claim | Roofs damaged by hail or wind | Usually covers storm damage, not normal wear and age; you pay your deductible |
| Home equity loan or HELOC | Homeowners with equity who want a low rate | Applied for through your bank or credit union; your home is the collateral |
| City or county loan programs | Seniors and income-qualified homeowners | Programs vary by city; ask your city’s housing office |
| Cash or savings | Avoiding interest entirely | Keep an emergency cushion for decking or other surprises |
How does roof financing through Ascension Roofing & Siding work?
- Get your free estimate so you know the full project price.
- Apply for financing. We’ll help you compare our financing options and walk you through the application.
- Choose the plan that fits your budget once you see your approved options.
- Schedule your install. Most roofs are finished in 1–2 days.
Financing is useful when your roof can’t wait, for example when it’s leaking, missing shingles or past its lifespan. Putting it off usually means paying for rotted decking and interior damage later.
Will insurance pay for my new roof?
If hail or wind damaged your roof, your homeowner’s insurance may cover most of the replacement minus your deductible. Insurance usually won’t pay for a roof that is simply old or worn out. We inspect the roof, document the damage and help you through the claim. Then we install the roof to the scope your insurance approves.
Are there local programs that help pay for a roof?
Some Minnesota cities offer home-improvement loans for seniors or income-qualified homeowners. We’ve completed many roofs for Fridley homeowners through the City of Fridley’s Senior Deferred Loan program. We help them get the application and show them what to fill out. If you live in another city, call your city’s housing or community development office and ask what’s available.
Key facts
- Ascension Roofing & Siding offers multiple roof financing options, including Service Finance
- Typical Minnesota roof replacement cost with Ascension: about $8,000–$30,000
- Ascension helps homeowners with insurance claims for hail and wind damage
- Ascension has completed many roofs through the City of Fridley Senior Deferred Loan program
- Every replacement includes permits and a 5-year workmanship warranty
FAQ
Can I finance a new roof?
Yes. We offer multiple financing options, including Service Finance. You apply through us, and approval and terms depend on your credit.
Does homeowner’s insurance cover a new roof?
It usually covers storm damage from hail or wind, minus your deductible. It usually doesn’t cover a roof that’s old or worn out.
Is it better to finance a roof or wait and save up?
If your roof is leaking or failing, waiting usually costs more because water damages decking, insulation and ceilings. If your roof still has a few good years, saving can make sense. A free inspection tells you which situation you’re in.
Do you help with the City of Fridley Senior Deferred Loan?
Yes. We’ve done many roofs through that program and help homeowners with the application.
Get your free estimate
Call 763-333-7663 (24/7) or get a free instant quote online. We’ll give you your price and walk you through your payment options.
