Pay for Eco-Friendly Roofing & Flooring with a Home Equity Loan

Home equity loans offer flexibility for eco-friendly flooring & roofing needs

Environmentally-friendly roofs and floors have become increasingly popular in recent years for the benefits they bring homeowners and the environment. The only downside to these eco-friendly products is the price tag. To lessen the impact of the high cost of some of these materials, many homeowners use home equity loans to pay for eco-friendly roofing and flooring. To find out if these eco-friendly products are right for you, read about each of them here.

Eco-friendly roofing offers unique benefits

Many eco-friendly roofs are made from recycled, reclaimed or renewable materials like rubber, wood, slate or clay. One of the biggest benefits of these green roofs is that they last longer than traditional asphalt-shingled roofs. A traditional roof can last up to 20 years; however, an eco-friendly roof often lasts upwards of 50 years. Plus, while once available only in white and other light colors, eco-friendly roofing is now available in different colors and materials to match the architectural style of your home. Read about some of the other benefits these roofs can provide:

  • Lower the temperature of your roof's surface. In warm climates, eco-friendly roofing can reduce the surface temperature of your roof by up to 100 degrees. This reduces the energy needed for air conditioning by 10-15 percent, thereby lowering your bills. Some solar roofs even help you reduce the amount of electricity you consume.
  • Collect rainwater for gardening. This can save time and money for the amateur gardener and more serious farmers. Choose from simple rainwater collection systems, like barrels under downspouts, or complex underground tanks connected to pumps and pipes to water your plants. The best roofs for these systems are often made of clay or other non-toxic materials.
  • Increase durability while decreasing maintenance. Eco-friendly metal roofs are more durable and require less upkeep than traditional roofs. Some may be reluctant to consider a metal roof out of concern for noise when it rains. However, newer metal roofs tend to be less noisy and offer more sound insulation than when metal-made roofs were first introduced.

Eco-Friendly flooring options come in diverse materials

Take your green updates from the roof to the floor with eco-friendly flooring options. As was the case with the eco-friendly roofing materials, these flooring choices can be a bit pricier than traditional tile and carpet. However, some materials, including cork and bamboo, don't cost much more and can make a big difference when it comes to energy consumption and environmental impact. Read about some of the most popular eco-friendly flooring options:

  • Cork: Cork flooring provides great sound and temperature insulation. Additionally, it's both durable and supportive, making it great for kitchens or other rooms where you may be standing for longer periods of time. Cork is harvested from the trunk of the tree, so the entire tree does not need to be cut down, making it more sustainable.
  • Bamboo: Bamboo is a great alternative to hardwood floors and carpet. Because bamboo stalks regenerate from the stump, they're replaced much faster than traditional hardwood forests and the environmental impact is not as severe.
  • Linoleum: Some types of linoleum make great eco-friendly flooring. Made of linseed oil, flax, jute, cork powder and wood flour, this type of linoleum is non-toxic. Unlike similar vinyl flooring materials, linoleum will not release chemicals into the air.
  • Stone Tiles: Stone tiles are great for areas that are humid or likely to get wet, like a laundry room, mud room or hallway. Slate, limestone and sandstone are top choices for this type of eco-friendly flooring.
  • Eco-Friendly Carpet: Although carpet is traditionally not an eco-friendly flooring material, some companies offer non-toxic carpet made from recycled materials.

Keep home equity loans in mind when looking for payment methods

Although eco-friendly products are often more expensive than traditional roofing and flooring materials, they are a great way to invest in the long-term value of both your home and the environment. Home equity loans and home equity lines of credit are great borrowing tools to finance your roofing and flooring needs. Compare your home equity options from Citizens Bank, or speak to a Home Loan Advisor.


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