5 Things Board Members Should Ask About HOA Loans
September 25, 2020
The first thing to ask about are details around the interest rate. Is the rate fixed for the life of the loan or will it reset at some point in the future? Will our
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planing the
future of your community together
Arch Capital Solutions is a member of the nationwide Alternative Funding Partners network. This enables us to provide Condo and HOAs with access to dedicated HOA lenders coast to coast, as well as some of the most favorable HOA loan terms and rates in the industry.
Our leaders have over 30 years of experience in providing expert financial advice and lending solutions. Having spent considerable time in leadership positions with Fortune 200 companies, we have specialized expertise in HOA financing and overall business acumen.
We Can Find You Solutions
When faced with expenses, homeowner association boards may find their current income and reserve structure insufficient to meet the community’s capital needs. Although HOAs can mandate a lump sum special assessment, often times this is not the ideal solution.
A community may respond adversely to a special assessment or perhaps the funds cannot be collected soon enough to address an issue that requires immediate attention. Whatever the reason, boards may need to turn to lenders to raise the capital they need. Arch Capital Solutions can help HOAs acquire the capital they need right away.
thinking outside
the box is our Philosophy
Financial options should be as unique as your association. We will tailor financial solutions for your individual association.
We are advocates for our HOA clients. As such, we represent your HOA in the best possible light to the financial community.
We put clients first, leading with exceptional ideas, integrity, and loyal service. Our mission is to remove the burden of assembling data, finding and comparing proposals as well as negotiating HOA loan terms for HOA boards.
RESOURCES CENTER
Why Home Owner Associations Borrow
September 19, 2020
When faced with expenses, homeowner association boards may find their current income and reserve structure insufficient to meet the community’s capital needs. Although HOAs can mandate a lump sum special assessment, often times this
This Old HOA
September 18, 2020
Realtors in the area knew that units in the California condominium complex were undervalued. There was a general reluctance to steer potential buyers to the building because of the ominous repairs and renovations that
Financial DIY Mistakes of HOAs
May 17, 2019
Navigating the HOA loan process alone can a be risky business A friend of mine relocated from Michigan to Florida. Since he’d done his own landscaping for decades, he decided to continue this
HOA financing: now or later?
March 11, 2019
HOA Loans for Repairs: Borrow now or later? A homeowner association approached us recently for advice on an interesting issue. Their association needed to undertake an extensive and expensive repair project. They all agreed
HOAs and Banks: A Not-So-Reciprocal Relationship
March 4, 2019
Banks Deny Loans Some clients call us after their regular bank has denied them a HOA loan. They are flummoxed because they (mistakenly) believed that the bank would loan money to their association. While
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