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Homeowners Association Loans

Is Your Bank Helping to Improve Your Homeowners Association? 

Does your homeowners association need a new roof, siding or any other common element repair, but is lacking the reserve funds to complete the work? Perhaps you have sufficient reserves but would prefer not to deplete the fund in order to make the repairs. Let Itasca Bank & Trust Co. help! We are committed to providing funds, via a homeowner association loan, for these and other projects that can be structured to meet your association's cash flow.

You have our pledge to provide quality service, flexible credit options and competitive pricing. We are experienced in working with contractors and can help you through the construction phase of your repairs. We work with many HOA's across Itasca, Wood Dale, Schaumburg and surrounding suburbs.

Homeowner association loans can range from 1-20 years with both fixed and variable pricing. Even if you have been turned down by another lender, we may be able to provide you with a competitive bid and help you get the work completed.

When sending an email to anyone at Itasca Bank & Trust Co., please do not include passwords, account numbers, or any other confidential financial or personal information. Please allow up to one business day to be contacted if sending an email. Use our Secure Email system.

For Additional Homeowner Association Loan Information, Contact:


Mark Stelter

Vice President, Commercial Loan Officer &
Director of Community Association Lending

Francesco Sorrentino

Commercial/HOA Relationship Officer
630-773-0350 ext. 205

Diane Ducato

Senior Administrative Assistant, HOA Loans
630-773-0350 ext. 226


Have a question about ? Send us a quick message and we can get back to you.

Please note that we will answer your message as soon as possible between 8am-4pm, Monday through Friday. If the matter is urgent, please call the Bank during our regular business hours.

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