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Community Association Loans

Helping to Protect the Financial and Physical Health of Communities

Community associations—including condominium and homeowners associations—need access to capital to pay for large scale projects. With over two decades of experience in community association lending, NCB will work with the association to provide the best financing to meet the needs of the community.

Olive Park Condominium

Loan Products

  • Term Loans up to 15 years
  • Line of Credit/ Term Loan Combination

Loan Size and Purpose

  • $250,000 minimum
  • Capital improvements and repairs
  • Developer deficiencies

Key Requirements

  • Delinquency is <10% of annual income
  • Delinquent units are <15% of total units
  • Balance in reserves is ≥10% of gross income
  • At least 20 units and 50% owner occupied

Interested in a loan term sheet?  

Prequalify Today


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Have questions about which loan is right for your association?

One of our banking specialists can guide you through the process.

Speak with a banking specialist today