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