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

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4

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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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Renee Beard
GB

Hand Holding When You Most Need It! We worked with Larry Kirschner who was responsive, informative and supportive through the entire process. If you are an HOA that isn't sure really how to begin this process Arch Capital Solutions is the way to go.

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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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Jody Hill
GB

Professionalism and tenacity at their finest! Having taken over our COA, as a new Board we were highly dismayed when we realized that reserves had not been set aside for the replacement of our 20+ roofs. The fact that it was in the middle of all the PPP loans being made, made it difficult to get any response, even from our local banks. That's when I found Arch Capital Solutions. They located a lender who would give us a loan at a fairly reasonable rate and with terms we could meet. They were persistent in seeking the loan for us, communicated very clearly on all matters, and got the job done. Our Association is very grateful for their professionalism and tenacity. Did I mention that their fee was very reasonable? Thank you, Larry. You guys really came through for us!

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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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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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