Community Association Loans are our specialty! We make the process easy with a minimal amount of hassle, paperwork, and a quick turnaround time. Our community association specialists are at-the-ready to work with you to customize the most beneficial solutions to meet your associationís financial needs.
We have earned our reputation by meeting the special needs of our community association clients. As pioneers in making loans to community associations, we have grown through "word of mouth" with referrals from associations and management companies. Our staff has been called upon to handle complex transactions and our expertise has allowed us to structure loans and financial services that provide opportunities and cost savings to homeowners.
One example is our program for recreational lease financing. We have provided a means of ownership rather than rental of facilities, often keeping the payments the same as the lease payment, and sometimes even reducing the payment.
Our Community Association Loan Division is devoted exclusively to managing financial requests from associations. Our staff has extensive "hands on" experience in providing financial services to community associations. We take pride in our commitment to the industry, with the average tenure of PABís core team members being greater than 20 years with the Division.