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.