Resources

Types of HOA Loans

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

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Qualifying For Your HOA Loan

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. Clearly, all lenders are not the same. Each financial

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Where To Turn for Your HOA Loan

Before your condominium or homeowner association decides to move forward with financing, they should contact legal counsel to help assess whether or not the association actually has borrowing authority. The next step is to

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Is Your HOA Lender Experienced?

Does Your Lender Have HOA Experience? A catastrophe was recently avoided when an older HOA recently needed a substantial loan for some major common area renovations. They had been negotiating with their local bank,

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