by Arch Capital Solutions | Condominium Financing, HOA Financing, HOA Loan, Loans, Understanding Financing
Although businesses have access to a wide array of financial products, condominium and homeowner associations are much more limited. Most condominium and HOAs can qualify for a line of credit, a medium or long-term loan, or a combination. The ideal loan type is...
by Arch Capital Solutions | Condominium Financing, HOA Financing, HOA Loan, Loans, Refinance, Understanding Financing
While some lenders specialize in condominium and homeowner association financing, a few do it as a courtesy to existing relationships and others simply say no. All lenders are not the same. Each financial institution can require particular types of information, charge...
by Arch Capital Solutions | Condominium Financing, HOA Financing, HOA Loan, Loans, Refinance, Understanding Financing
Borrowing for the sake of borrowing, to build up a reserve, or to simply prolong an inevitable assessment are near the top of the bad idealist when it comes to reasons a condominium or homeowner association may borrow money. On the other hand, improvements, taking...
