Arch Capital Solutions, LLC

523 Sweet Birch Park LN, 28711, Black Mountain, United States
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5.00
Based on 17 Reviews

5

100.00%

4

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3

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2

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1

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About Arch Capital Solutions, LLC

HOA Loan Services has created a specialized HOA loan process to assist communities as they navigate what is likely their first HOA loan application. Our process includes: Phase 1 Customized Planning and Preparation At this stage, we generate and analyze various funding scenarios for the community’s ideal budget and determine where changes can or should be made Phase 2 Proposal Management and Advisory In phase 2, HOA Loan Services solicits lenders, proposals, and term sheets, and prepares a matrix for the board to assess if necessary. Phase 3 Communication and Loan Commitment We act as the liaison between HOA managers and board members, and the bank's underwriters during the underwriting process. Phase 4 HOA Loan Closure We’ll walk you through all of the steps of final closing to ensure everything is correct and acceptable for all parties.

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Bruce Brown
GB

Highest Recommendation. As Board Treasurer, I worked directly with Mr. Kirschner to secure bank financing for our condo association. Mr. Kirschner was always proactive and responsive to the many challenges this process entailed and demonstrated great perseverance throughout the process, which actually extended over a year due to a variety of circumstances. The successful closing of our bank loan provided us with tremendous financial benefit and we owe this to Mr. Kirschner's professionalism and dedication.

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Mark Philips
GB

It has been a pleasure to work with…Larry It has been a pleasure to work with Larry! We have worked with him in two loans and both went extremely smooth. His incite was invaluable and worth the money. Would highly recommend his services. Mark Philips President of Tallgrass East HOA

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Paul Pombriant
GB

We are an association of 53 units of… We are an association of 53 units of which I am the president. When searching for banks offering association loans we encountered Arch Capital (Larry Kirschner). Our experience with them was excellent. Simply stated, searching for the selection of banks, the speed of response and the number of institutions that Larry found was something we could not have done on our own. Frankly, I did not have the time, nor the knowledge of the banking industry, to do what Larry did and the little time it took for offers. Frankly, I was more than a little positively surprised! The knowledge and transparency Larry provided during the entire process was also excellent and it was great having an advocate as well.

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Steven Lancia
GB

Professional.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.

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Rosalyn Pachter
GB

After 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

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