Five practical questions every board should ask before hiring a loan broker, each with the why and the red-flag answer to watch for. Compensation structure is the first signal. The number of lenders being shopped is the second. The other three flush out competence, transparency, and the broker's willingness to walk away.</p>
Generic bank calculators, direct-lender HOA calculators, spreadsheet templates, and broker-built calculators all give different answers for the same loan. We compare four approaches across HOA-specific inputs like reserve study, delinquency rate, balloon handling, prepayment modeling, and lender spread over the 10-Year Treasury, and we recommend which board should use which tool.</p>
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.
Stuck between a loan, a special assessment, or deferring repairs? The HOA decision tool helps your board compare options with real numbers.
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.
Discover why HOA loans take longer than home mortgages. Understand the difference between residential and commercial lending for community associations.
Discover what really determines your HOA loan interest rate. Learn why the 10-Year Treasury matters more than Fed rates for your community's borrowing costs.
Learn how HOA loans work and why they're often better than special assessments. Get answers to 10 essential questions every board needs to know.
From deadlines to repair costs and even your financing strategy, here’s everything you need to be aware of in light of the passage of SB 326.
A walkthrough of qualifying, approvals, and structuring a loan: everything a board needs before the first lender conversation.
