Who is responsible for supplying refinancing home documents?

Question:

I am inquiring about the responsibilities of the Treasurer position. Is the Treasurer responsible for providing the documents required to a lender for an individual HOA member who wants to refinance their home?

Or would this be the responsibility of the owner?

Fran

 

Answer:

Hi Fran,

Refinancing a home usually requires the homeowners association to provide specific HOA documents upon request of the owner. The HOA board or the HOA management company supplies these documents, sometimes for a fee. Whether or not your board treasurer holds this responsibility depends on your HOA’s description of roles and duties.
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