FUNDING CONSULTING SERVICES FOR 25 TO 40+ YEAR RECERTIFICATIONS AND SPECIAL PROJECTS

 

1. LTM Group specializes in securing funding for condominium associations about to embark on 25 to 40+ year recertifications and special projects.​​

2. We have close relationships with the top institutional lenders in South Florida as well as a keen understanding of banking tolerance guidelines and thresholds.

3. Securing an association loan in South Florida is significantly different than obtaining a mortgage or a home equity loan.  High delinquencies, unresolved legal matters, issues with association documents, and poor loan-to-value ratios are just a few of the reasons banks say "No."

4. We become intimately involved with each of our client's histories and projects to obtain the knowledge and information to mitigate perceived or potential risks with fact-based data so risk managers can better understand the entire financial picture of an association.​

5. LTM handles loan package preparation and document collection, communication with bank, board, management, engineering, legal and residents, as well as the underwriting, pre-closing and closing phases of the loan process. 

6. LTM Group remains involved in the life of the association until the loan is paid back in full.​

7. Throughout the draw period, we work with management, the bank, the engineer, and the contractor(s) to process all AIA payments, loan proceed requests, and wire transfer requests providing an added layer of protection.​

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