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, 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...