Request a Free Loan Proposal for your Association

Despite Bailout, HOA Loan Business Still Going Strong

stephen polinsky on Feb 9, 2009 7:36:00 PM

0 comments

CondoAssociation.com reports that despite recent credit woes that Condo Association Loan and HOA Loan applications are still being received and processed a record paces.  Lending rates have remained stable for the HOA Loan market.

HOAs and Condo Association can qualify for a specialized community loan for a variety of uses including capital projects and construction defect litigation funding.  Associations normally are required to have 15-20 units at minimum to receive a HOA loan.

0 comments

Leave a comment

HOA & Association Lending Nationwide

hoa loan

Contact Information:

Submit the quick form to speak with us!

  • Experienced HOA Lenders
  • No obligation to speak with us
  • Competitive rates
  • 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