HOA (Homeowners Association) fees are dues paid in certain communities to maintain shared amenities like pools, landscaping, security gates, or common areas. They can be monthly, quarterly, or annual. HOA fees are part of your total housing payment when qualifying for a loan. They’re not automatically a negative. Many buyers appreciate what HOAs provide — it just needs to fit your budget.
Please consult your Mortgage Advisor for guidance specific to your situation before making changes.
