Keep Your HOA Financially Liquid—Even When Owners Fall Behind.
When a homeowner reaches a 90-day payment default, your HOA shouldn't have to absorb the financial strain.
First Mutual Mortgages provides a zero-cost financial solution designed to help Florida HOAs address cash-flow pressure when qualifying homeowner accounts become seriously delinquent.
Delinquent Assessments Can Put Pressure on Your HOA
Monthly dues, quarterly assessments, and special assessments are essential to keeping a community running. When homeowners fall behind, predictable income can become harder to maintain.
Reduced Cash Flow
Unpaid assessments can reduce cash available for normal association operations.
Liquidity Pressure
Delayed assessment revenue can place additional pressure on available liquidity.
Less Predictable Income
Delinquent accounts can make financial planning more difficult.
Administrative Challenges
Collection activity can require additional notices and follow-up.
Community Financial Strain
Delayed revenue can create additional financial pressure.
Owner Transitions
Death, foreclosure, or transfer can create additional timing and collection issues.
A Financial Partner at No Cost to Your HOA
First Mutual Mortgages works with Florida HOAs when a qualifying homeowner reaches a 90-day payment default. The program is designed to help maintain a steadier financial position while providing a $1,000 cash bonus per qualifying property owner.
Identify a Qualifying Account
Identify an account that has reached the applicable 90-day payment-default threshold.
Contact First Mutual Mortgages
Discuss the association, property, and circumstances surrounding the delinquency.
Review Eligibility
Required information and documentation are reviewed for qualification.
Complete the Process
If eligible, proceed under the applicable program terms and documentation.
No cost to the association for participating, subject to program terms.
Per qualifying property owner under the program.
First Mutual Mortgages has provided financial solutions for 34 years.
The program is designed around a qualifying 90-day payment default.
Protect Cash Flow Without Adding Another Expense
$0 HOA Cost
No cost to the association for participating, subject to eligibility and program terms.
$1,000 Cash Bonus
Available per qualifying property owner under the program terms.
34 Years of Experience
Experience providing financial solutions for homeowners and communities.
Cash-Flow Support
Designed to help address the effect of seriously delinquent accounts on cash flow.
No Upfront Expense
Your HOA does not need an upfront program payment to participate.
Simple First Step
Start with a conversation about your association's situation.
See What First Mutual Mortgages Can Do for Your HOA.
Tell us about your association and the delinquency issue. We can discuss whether your community may fit the program.
First Mutual Mortgages
3430 Lakeview Drive
Sebring, Florida 33870
(954) 464-7714
Gary@FirstMutualMortgages.com