Community Associations
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 you need when you need it.
Benefits of NCB’s Community Association Loan Program
- Loan terms up to 15 years
- Competitive fixed rates
- Flexible loan structures and pre-payment options
- Pre-qualify within one business day
- Expedited loan process
*Interest rate based on the 10 year UST plus a market spread. Interest rate is indicative as of 2/01/08.