Condo & Strata Financing

Condo Board Special Assessment Financing

Private lending options for Albertans who need fast & flexible solutions during life’s curveballs.

Fast Decisions · Flexible Documentation · Discreet & Compassionate

Why NOW Mortgage?

  • Alberta-based expertise and local private lender network
  • Fast approvals & closings — often days, not weeks
  • Customized terms based on your situation
  • Clear exit strategy to return to traditional financing
  • Confidential handling of sensitive information
Note: This content is general information for Alberta and not legal advice.

Common Situations We Help With

Financing unexpected special assessments
Quick funding to meet strata/HOA payment deadlines
Bridge or interim financing while exploring long-term options
Covering assessment costs when traditional lenders decline
Solutions for owners with irregular income, self-employed, or credit challenges
Equity-based lending for urgent repairs, building envelope issues, or major upgrades

A Difficult Situation

When Gord’s condo building announced a major special assessment, he was caught off guard. The repairs were necessary, but the lump-sum payment deadline came fast and he simply didn’t have that kind of cash sitting around.

To make matters more stressful, his income situation wasn’t ideal at the moment, and the bank gave him the standard “not approved” response because the assessment didn’t fit their lending box.

Instead, NOW Mortgage helped him secure a short-term equity-based loan using the value in his property. This gave him the funds to cover the special assessment on time and avoid penalties — all while protecting his home and peace of mind.

Ready? Start Here

No credit check to start. Tell us your situation and we’ll walk you through what’s available.

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