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Everything You Need to Know About Securing a Loan for Your Homeowner Association Project

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When to Get Homeowners Involved The ability of the association to secure a loan is generally outlined in your association's governing documents. Legal review of the governing documents will be requested to assure legal requirements are met prior to securing the loan. Regardless of the legal requirements, it's important that membership has been notified of the board of director's intention to pursue a bank loan. It's important for membership to discuss this process in an open forum such as a town hall meeting. Homeowners will have the opportunity to speak directly with expert contractors and other involved leadership. Consider Associa Financial Solutions, Inc. Associa Financial Solutions, Inc. understands that communication is key to a successful project. As an added client service, Associa Financial Solutions, Inc. will be present at board meetings and town halls to coordinate lender participation as needed.

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