Loan basics
Are HOA Board Members Personally Liable for an HOA Loan?
The association borrows, not its board. What board members sign on its behalf, why their credit isn't pulled, and the duties they still owe.
Banks sell their own loan. We find the one that fits your community.
- $350M+
- 30+
- 20+
- 5.0
Why HOA Loan Services
HOA loans are all we do.
We strategize, organize, and place your loan where it’s most likely to succeed. 300+ HOA loans placed since 2016.
Larry and Ben Kirschner
On your own
With HOA Loan Services
Call banks one at a time
Lenders compete for your loan
The bank’s rep works for the bank
We work for your community
Hope it’s a good deal
Know it’s a good deal
A good rate can hide a bad structure
We vet the rate and the structure
Waiting on a callback
One contact, start to close
Get declined, start over
We know who’s likely to say yes
Your first HOA loan
Our 300th-plus
How we work
Two independent HOA loan advisors on your side of the table.
You tell us about the project. Larry and Ben size the loan to what the work actually costs, structure it around what your dues can carry, and take it to the lenders most likely to approve a community like yours, with the questions they typically ask already answered. Our client portal keeps your documents in one place.
- Loan amounts
- $100K+
- Typical term
- 5–20 years
- Loan structures
- LOC + fixed
- No retainer, no hourly
- $0 up front
Loan calculator
See what a loan could look like for your community.
Size your project for a rough monthly estimate, then talk to an advisor who can structure the real thing around your reserves and timeline.
- Estimate the monthly cost per unit
- Compare 5, 10, and 15-year terms
- Bring the numbers to your next board meeting
Loans start at $100,000, with no set maximum.
Example rate, not a quote. Ask us for yours.
Enter a loan amount, an interest rate and a unit count to see a monthly figure.
Case studies
Real communities, real results.
Homeowners Association300 units
Roof replacement and plumbing repair
- $2.05 million
- 10-year fixed rate
Reserves preserved for future needs
Condominium Association491 units
Elevator modernization, plumbing and HVAC stacks and risers
- $30 million
- Line of credit → 25-year term
No lump sum special assessment
What boards and managers say
“It was clear from the start that the expertise provided by HOA Loan Services was indispensable during the long process of securing a loan.”
Bill M. · Montgomery County, MD
From the blog
Answers for boards and managers
Board operationsA New Board Member's 90-Day HOA Loan Education
New HOA board members inherit financial obligations they did not sign up for. This 90-day plan walks a first-term board member through the governing documents, reserve studies, assessment structures, and loan vocabulary they need to make informed decisions. We cover the specific documents to request from the outgoing board, the questions to ask the property manager, and the reading order that turns a volunteer into a competent fiduciary before the first loan discussion arrives.
Loan basicsHOA Financing Options for Small Associations (50 Units or Fewer)
Small associations sit in an awkward spot in the HOA lending market. Smaller loans face higher lender minimums, fewer bidders, and sometimes wider spreads than larger deals, though we arrange financing for projects from $100,000 with no set maximum. This post walks boards under 50 units through the real economics, which lenders actually bid on small deals, and the document discipline that makes a $500K loan close cleanly. Plus a four-question FAQ and next steps.
Free guide
A Board Member’s Guide to HOA Loans
A walkthrough of qualifying, approvals, and structuring a loan: everything a board needs before the first lender conversation.
Your board’s first HOA loan. Our 300th-plus.
We’ll talk with any board at no charge and no obligation, just answers.