JUDI SMITH
GBExcellent service and patience with all… Excellent service and patience with all the questions and requests.
Roy Zatcoff
GBTerrific - helpful, fair, honest, responsive Extremely helpful and fair, honest, and responsive. Great advice. What more can you ask from your loan broker.
Robert Heffley
GBLarry was very upbeat Larry was very upbeat, positive, and accurate in his dealings with our Condo Association. Hopefully we will not have to borrow again, but if we do we would consider Arch Capital.
Steven Lancia
GBProfessional.Fast.Service the best. Larry was very thorough and gave me exact requirements for a fast approval. It took less than a few weeks. Very happy with his company professional and gets it done. Thank you for helping my association.
Rosalyn Pachter
GBAfter months of contacting local banks... After months of contacting local banks, we were unsuccessful in obtaining a loan with terms that would fit our Association’s needs. We have 400+ units ranging from studios to 3 bedrooms; needed $30M; a 2-year draw; and extended payback options. We were not surprised that our initial search for bank financing for $30 million was unsuccessful. It was not that local banks were totally unwilling. It was simply that they did not wish to extend terms for more than $10-15 million and not for more than 10-15 years. They did not appreciate that elevator modernization and domestic riser projects could not be broken up into smaller units without incurring substantial cost increases and major delays that risked catastrophic events. One of our members reached out to his contacts in the financing world to find brokers who were experienced with Associations and thus we connected with Arch Capital. We reached out and were pleased with the Arch Capital response. Larry Kirschner not only understood our situation, he had systems in place that allowed him to run numerous combinations of rates and terms and shared these results with detailed spreadsheets. In addition, he spent hours discussing various risks that we needed to consider including size of banks under consideration and their relevant experience with associations. He is very personable and worked hard to find suitable financing institutions. The results were well worth the consultant fee. If there were 10 *’s for ranking Arch Capital it wouldn’t be enough. Larry is an excellent listener, proactive and most important, understands the unique needs of an HOA. He guided us through every step of the process and provided further assistance on Special Assessment terms after the Bank loan was secured. 2626 N Lakeview Condominium Association Chicago IL