HOA Express Term Loan

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Competitive Rates, Accelerated Funding

Community associations often face tight timelines when addressing unexpected repairs or planned capital improvements. Our Express Term Loan1 simplifies HOA lending with a streamlined application and accelerated underwriting.

  • Approval as fast as three business days2 upon receipt of a complete loan package
  • Funding designed to keep projects on schedule
  • Clear and efficient process tailored for association boards

Express Term Loan Features

  • HOA loan amounts from $100,000 to $1 million
  • Loan terms up to 10 years
  • Competitive fixed-rate financing
  • Quick, simplified underwriting3 
  • No prepayment penalty4

HOA Loans With Owner-Friendly Protections

Western Alliance Bank’s HOA lending structure protects both associations and unit owners.

  • No personal guarantees required from board members or owners
  • No mortgage interest in any unit owner’s property
  • No restrictions on owner resale or refinancing

These protections help boards move forward confidently while maintaining homeowner trust.

Get Started Now

HOA Loans

Ready to begin the application process? Contact our HOA lending experts with any questions you may have by calling your local Relationship Manager, emailing one of our lending experts directly or submitting your information to the contact us button below.

Connect with a Lending Expert

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  • Brian Ferguson headshot
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1. All offers of credit are subject to credit approval, satisfactory legal documentation and regulatory compliance. Closing fees may apply. Must maintain reserve accounts at Western Alliance Bank during the life of the loan. Rate and terms are subject to change. Please refer to the terms, conditions and disclosure set forth in the term sheets provided at the time of signing. Borrowers are responsible for any appraisal and environmental fees plus customary closing costs, including title, escrow and documentation fees, and may be responsible for any bank fees, including bridge loan, construction loan and packaging fees.
2. Assumes loan package is complete and no additional information is needed.
3. Please refer to your relationship manager regarding what qualifications your community association must meet to qualify for the Express Term Loan.
4. If refinancing with another institution, early prepayment fee is 2.5% of loan amount.