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HOA Lending

A brief introduction to securing financing for your Association.


Homeowner Associations and Condominiums Associations often require financing to fund large projects, pay for maintenance expenses, or cover insurance premiums. Unlike the traditional borrowing experience, the association lending process can be a complex and critical lifeline for communities in need of capital to maintain their property and amenities.

There may be several options available to associations. Including, traditional Banks, Credit Unions, and Private Lenders. It is important to shop around to compare the rates and terms to find the best financing option for your community.

Navigating HOA Loans can be a time intensive process and it is important for HOA's to engage experts throughout every step of the process. From contractors, project managers, to HOA Finance Consultants like HOA Capital.


A common misconception about HOA Loans is mortgages are required or individual homeowners are directly liable for these types of loans. Now this may be the case if you go to a Traditional Bank, Credit Union, or even a private lender. But, there are lenders that specialize in this type of lending that do not require physical or tangible collateral. These lenders will make the loan directly to the association as an entity and the collateral is the associations cash-flow. Engaging experts an help navigate this process and help the association better understand the dynamics of these types of loans. There are several components to HOA Loans which even doing online research you can come up with limited or even contradictory information.


Each quarter our HOA Capital Loan Consultants will be diving in depth into each of these important components to help communities better understand this niche loan type. Any requests? Send me an email at mckenna@hoacapital.com.






-McKenna Yeager, Consulting Associate





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