Interest Rate: 9.99%
Term: 25 Years
Total Monthly Payment Association: $10,358.41
Monthly Payment Per Unit: $207.17
Before You Begin
Please gather the following information:
- 1. HOA legal entity name
- 2. Number of units
- 3. Year built of condominium
- 4. Contact Info
- 5. Type of project
- 6. Cost of improvement/Reserves
- 7. Loan amount needed
- 8. Average monthly dues per Unit
- 9. Current reserve fund balance
- 10. Annual Operating Budget
- 11. Delinquency Rate Percentage
- 12. Reserves studies PDF (500MB max)
- 13. Annual Budget PDF (500MB max)
What Could Your Association Payment Look Like?
No hammer clause | DSCR included | Fixed-rate periods up to 12.5 years