Community associations - including condominium and homeowner associations -- need access to capital to pay for large-scale repair projects whether it is replacing a roof, installing a new HVAC system or renovating common areas.
Instead of burdening unit owners with hefty special assessments or depleting reserve funds, spreading the cost of a project over time through a loan with NCB may make the most sense.
With two plus decades experience, NCB is recognized as a leader in helping housing communities access the capital they need when they need it.
Benefits of NCB’s Community Association Loan Program
- Loan terms up to 10 years
- Competitive interest rates
- Flexible loan structures and pre-payment options
- Pre-qualify within one business day
- Expedited loan process
Fill out NCB's prequalification worksheet to obtain a loan proposal for your association.
For more information, please contact a Community Association Banking specialist at (800) 766-2622.