.png)
Explore our blog for expert answers to your HOA loan questions, plus practical advice for making sound financial decisions for your community.
New Fannie Mae & Freddie Mac condo financing rules are here. Learn key 2026–2027 changes, reserve requirements, and what HOAs must do to stay warrantable.
HOA loan rates July 2026 sit modestly below where they did in June. The 10-Year Treasury anchored near 4.30%, lender spreads held in the 220 to 270 basis-point range, and implied HOA loan rates landed at 6.50% to 7.00%. The June FOMC held steady. The July Treasury refunding announcement signaled longer-end issuance on the lighter side. This post translates those movements into board-level scenarios: planning a Q4 project, holding a loan above 8.25%, and weighing a five-year balloon refinance.
A first-term treasurer can read this in five minutes and walk into the next meeting with the right vocabulary. HOAs absolutely can borrow, lenders underwrite the association's revenue not the building, and the single decision that matters most is whether you use a broker or call a bank directly.
Most online calculators get HOA loan payments wrong because they ignore the lender spread over the 10-Year Treasury, balloon structures, and prepayment terms. This guide walks through the real amortization formula with a worked $5M, 6.75 percent, 15-year example so your board can model payments before you ever call a banker.
Stuck between a loan, a special assessment, or deferring repairs? The HOA decision tool helps your board compare options with real numbers.
Download our Free HOA Board Guide
