by 1seodev | HOA Financing
Board members of homeowners and condo associations are responsible for a number of improvement projects in the community. Even if they had established a reserve fund, they might find themselves in a situation where they don’t have enough capital to cover necessary...
by Arch Capital Solutions | Condominium Financing, HOA Financing, HOA Loan, Loans, Refinance
As homeowner associations age, problems can become more visible and expensive. When faced with significant expenses, many homeowner association boards find their current income and reserve structure insufficient to meet the community’s capital needs. Although HOA...
by Arch Capital Solutions | Condominium Financing, HOA Financing, HOA Loan, Loans
Homeowner associations across the country are aging. Maturing HOAs are sparking booms in expensive deferred maintenance projects. Sadly, many of these associations do not have adequate reserves to fund the work. Years of poor financial planning have left boards in...
by Arch Capital Solutions | Condominium Financing, HOA Financing, HOA Loan, Loans, Uncategorized
As an HOA board member, what should I be thinking about when looking for a loan? First off, you may want to download a Board Member Guide. You can then focus on key questions: HOA Members Should Ask About Interest Rate The first thing an HOA board...
by Arch Capital Solutions | Condominium Financing, HOA Financing, HOA Loan, Loans, Uncategorized
HOA Loan Basics 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 this is not the ideal...
by Arch Capital Solutions | Case Studies, Condominium Financing, HOA Financing, HOA Loan, Loans
Depressed values for this HOA, despite repairs 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...
