condo and homeowners associations
fund a variety of projects and expenses
When it comes to large-scale common area projects, condominium and homeowner associations can sometimes burden unit owners with hefty special assessments or deplete reserve balances to fund the updates. At Inland Bank, we provide an alternative by giving you access to capital to pay for large-scale common area projects, which helps by spreading the cost of a project over time.
Program highlights include:
- Loan amounts from $50,000 to $5 million
- Fixed rate up to 10 years
- No prepayment penalties
- Available to Community Associations