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Each community association is unique and deserves a financing program designed to meet those unique needs. From financing repairs and improvements to refinancing existing debt, Valley makes lending simple, whether you're an HOA, Condo association or Co-op association.
Take advantage of flexible financing solutions with competitive interest rates that are customized to address your most critical needs on your terms. And we lend against receivables, not assets, making it easier than ever for you to get the funding you need.
We offer Non-Revolving Lines of Credit and Term Loans
Fixed and floating rates available
No personal guarantees are required
No liens are placed on owner units
You work with lenders who are experts in association lending
Insurance Premium Financing available
We lend in Florida, New York, New Jersey, and Alabama
We provide financing for:
Condominiums
Homeowners Associations
Cooperative Associations
We help with:
Repairs and Improvements
Refinancing existing debt
Insurance Premium financing
Once you’ve completed your application, our typical turnaround time to approve the loan is about two weeks, but we’ve also approved loans in as little as 2 days.
We work with your schedule to make sure you get your loan when you need it.
You’ll work directly with one of our HOA Lending Specialists who will provide a solution customized to you. They have deep expertise in working with HOAs - you can trust you'll be in good hands.
At this time, we are only able to offer association loans within our footprint states of New Jersey, New York, Florida, and Alabama.
We've financed over 500 loans, each unique to their association.
Projects we’ve funded include road work, landscaping upgrades, concrete restoration, new guardhouses, and a lot more.
Get in touch with us to see how we can work with you.
If you decide to take advantage of one of our deposit products, you can then also take advantage of our rate bundling offer – for more competitive interest rates.
Your HOA Lending Specialist will walk you through the whole process, but if you'd like to prepare, here are some of the items and information you’ll need:
Two years financial statements (balance sheet & income statement) – past 2 fiscal years
Current year financial statement.
Current year operating budget.
Accounts Receivable or Delinquency Report.
Declaration of Condominium Document.
Articles of Incorporation for the Association.
Minutes from the board meeting where the loan request was discussed and approved by the board, when available.
Certificate of Insurance.
Not sure you have everything on the list? Don't worry, simply get in touch with us and we can help you find what you need.
Fill out the form below and one of our HOA Lending Specialists will reach out to discuss how we can meet your needs.