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CondoAssociation.com Enters New Loan Markets

stephen polinsky on Aug 12, 2008 9:24:00 PM

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TimeShares 

CondoAssociation.com welcomes Timeshare Associations to apply for loans on our site.  Timeshare Associations will go through the same loan qualification process of Community Associations, HOAs, Homeowners Associations and Condo Associations.  Timeshare Association loans are secured by the lender's right to assess the association itself.

Co-Ops 

CondoAssociation.com matches Manhattan Co-Ops with association loan providers for free.  Co-Op loans (same thing as Condo Association Loans or HOA Loans) are specialized because they are secured with Co-Op assessment rights rather than property. 

Areas for our Co-Op loan and Condo Association Loan service include Manhattan, Brooklyn, Bronx, Queens, Westchester and Rockland Counties, Harlem, Staten Island and Long Island.

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  • Experienced HOA Lenders
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  • Flexible terms

Some loan uses include:

  • Repairs & Improvements
  • Restorations
  • Capital purchases and buyouts
  • Reserve funding
  • Refinancing of current debt obligations
  • Litigation and Insurance funding

General Requirements:

  • Minimum of 10-12 units
  • Minimum loan amount of $100K