The most unfortunate thing about owning a home is having to pay for repairs and renovations out of pocket. Renovations can be costly and time-consuming to make your home ready for sale, while emergency repairs can drain your bank account without warning. It is helpful to learn how to finance home repairs before they occur if you own a home or are planning to buy one. Saving money for a roofing project and using those funds is the best way to upgrade your home. However, that isn't always possible. Renovations and emergency expenses can require financing. However, if you are in good financial shape and the roofing project you plan to undertake will increase the value of your home, financing might be worth it.