HOA Capital & Loan Assistance

Capital Improvement Vs. Maintenance

HOA Capital Improvement Project Funding

  • Professional lending partner matching services
  • Streamlined HOA loan options to help upgrade your property
  • Direct access to extensive HOA lending networks
  • One-on-one, HOA lending consultation
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Doing whatever it takes to enhance your housing property’s facilities and environment ensures a more livable, welcoming community. At HOA Capital, we specialize in providing exceptional HOA capital improvement project assistance – specifically when it comes to differencing essential repair or construction work versus general maintenance in the eyes of HOA lenders.

Our custom HOA capital improvement plans offer the perfect strategy to secure proper financing for your projects while we work with the banks on your behalf. Contact us today to learn more about our HOA capital improvement services!

What’s the Difference Between Capital Improvement and General Maintenance?

Both HOA capital improvement projects and general property maintenance work toward improving the conditions and livability of your property buildings and facilities.

However, when it comes to securing custom HOA loans that maximize your funding and tax-deductible potential, it’s imperative to provide HOA lenders with a thorough outline and strategy regarding what makes your HOA capital improvement project an essential investment.

The bottom line when it comes to differentiating capital improvement projects and general maintenance is defining which forms of property improvement are intended for extensive renovations that will work toward increasing the overall value of your property and assets.

For example, general maintenance can range from upgrading lightbulb fixtures to routine landscaping work, whereas capital improvement projects can range from repaving parking lots to constructing a swimming pool.

Other examples of capital improvement projects can include:

  • Expansions or creations of facilities, parking lots, etc.
  • Extensions or add-ons of buildings and premises
  • Roof replacements or significant roof repair work
  • Repainting of the interior or exterior of the property
  • Expansive landscaping projects
  • Plumbing installation or major renovations
  • Replacing or installing A/C or HVAC systems
  • Upgrading security systems
  • Electrical system restoration or replacement
  • Sprinkler system installation and more

Custom HOA Lending Support Services

Differentiating these levels of importance in property upgrades is imperative for securing as much funding as possible from credited HOA lenders, as well as being eligible for tax deductions or exemptions.

Because HOA boards have a wide variety of conditions, clauses, and restrictions that factor into budgeting and lending approval, it’s crucial to have an experienced, reputable HOA lending partner at your side to do whatever it takes to secure your funding and provide you with the most customizable HOA loan possible.

That’s where HOA Capital comes in handy, equipping you with the necessary tools, resources, and expertise to help you receive the HOA financial support you need to accomplish all of your capital improvement project goals!

Check out some of our FAQs to learn more about the HOA financing process.

Finance Your HOA Capital Improvement Project Today!

At HOA Capital, we understand how time sensitive it is to proficiently upgrade and enhance your community property. That’s why we work hard to ensure that your custom HOA loans are processed and approved as fast as possible, so you can stay focused on all your other managerial tasks at hand.

Contact us today to get started on getting your HOA capital improvement loan approved, or give us a call at 952-836-9593 to speak directly with one of our HOA financing specialists.