Financing restoration of your damaged home is a good idea because it will help you get back to normal faster. It allows you to spread out the cost of repairs over time, so it won’t be as expensive right away. You can also tailor a loan to fit your budget and specific needs. Financing repairs can help you avoid depleting your savings or using credit cards with high interest rates. Additionally, the payments for financing may be tax deductible if you itemize on your return. Finally, financing gives you the peace of mind knowing that your home is restored to its pre-damaged condition.