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Insights
HOA Banking
Working with a resource that understands HOA banking and the community management industry can be your advantage. Our experienced bankers are here to provide you with valuable insights and tools by sharing their market- and sector-specific expertise in the following articles.
Insights
Tap Into Smart Thinking
Smart Borrowing Provides a Gateway to Helping Associations Tackle Large Expenses and Preserve Reserves, click to read more.
Utilizing financing is a way to spread the cost of common area improvements out over time, and is a way to address the issue of assigning the cost of improvements to those who are benefitting from them.
In today’s world, nearly all of an association’s internal money management is done using computers. It is hard to imagine an association that would prefer managing its finances using traditional manual methods.
When a bank evaluates a loan request, there are some key metrics that may be used to gauge the credit risk of the association. Read more to learn about factors a bank may consider during the underwriting process.