by Arch Capital Solutions | Condominium Financing, HOA Financing, HOA Loan, Loans, Understanding Financing
Even though most Homeowner Associations operate as non-profit-corporations, owners and boards should view the HOA’s financial activities through a business lens. Leaders should embrace a business-oriented mindset in directing these organizations. HOAs generate...
by Arch Capital Solutions | Condominium Financing, HOA Financing, HOA Loan, Loans, Refinance, Understanding Financing
All Banks Qualify HOA Loans Differently 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...
by Arch Capital Solutions | Condominium Financing, HOA Financing, HOA Loan, Loans, Refinance, Understanding Financing
Do your research before deciding on if you should get HOA financing Borrowing money for the sake of borrowing, to build up a reserve, or to simply delay an inevitable assessment are near the top of the bad idea list when it comes to reasons a condominium or...