The advance of technology and social media have allowed technology-based entities such as Lending Tree, Prosper, Lending Club and other so-called “Fin-Tech” companies to all but destroy the traditional bank lending model. These high-tech bank alternatives often give borrowers more affordable, desirable, and easy to obtain methods to borrow money, pay off debt, and more. They further add the element of convenience by putting their resources at the fingertips of anyone with access to a smartphone, tablet, or computer.
Meanwhile, condominium associations, cooperatives, timeshares, and other HOAs seeking loans have had to rely on the “old-fashioned” bank lending model to obtain HOA loans. It no longer makes sense to simply rely on the bank where you deposit association funds. It is irresponsible to seek a loan by simply working with a single sales representative just because you are familiar with him or her. Why not let technology remove the cumbersome burden of searching for an HOA loan? Why not avoid the mistake of poor results from conducting far too narrow a loan search?
The future of HOA lending is here! HOALendingXchange (https://hoalendingxchange.com) is bringing all of the power of technology to streamline the HOA loan inquiry process for all HOA borrowers. Using our system, borrowers complete one simple loan inquiry and then relax while lenders compete for their business. They receive the best loan concepts for them to evaluate and decide which lender to pursue for their HOA loan. Best of all, HOALendingXchange is FREE of charge to the borrower. It costs NOTHING for a borrower to use the system.
Here’s how it works. HOALendingXchange invites HOA lenders to review all loan inquiries that fit their lending parameters. In other words, lenders have told us what types of borrowers and loans they are interested in. Borrowers submit their HOA loan inquiry anonymously. All of the banks that match the borrowers request are alerted and then, anonymously, put forth their most competitive lending concept for the borrower to review. It all happens quickly because of the power of technology. Borrowers can expect to have lending concepts to review in just three business days!
Ready to get your next HOA loan? Want to learn more? Head over to https://hoalendingxchange.com and get started today. You’ll have the best HOA loan concepts ready to review in just three business days. Welcome to the future! Welcome to HOALendingXchange!