Even the best managed properties may need financing at one time or another. First National Bank of Kemp offers loans to help meet maintenance, improvement, and development needs for condominium and homeowner’s associations in amounts up to $2,000,000. Decisions are offered quickly with expedited underwriting on all requests up to $1,000,000. Loans to Condominium Associations or HOAs provide individual unit owners the ability to pay reasonable monthly assessments, while allowing the Association to complete projects immediately, without depleting association reserves.
What we offer:
Financing a capital maintenance project is a weighty decision, which is not right for every Association. With our flexible and personal approach, First National Bank of Kemp can help find a solution that works for your Association. If you have any questions about our Community Association loans, please contact us. We are happy to be of service!
For more information, please contact:
Assistant Vice President, Association Lending Officer