Buying a co-op is a unique type of home ownership and the co-op loan process can have its particular challenges, since it’s not actual a real estate transaction—the process is lengthier and requires board approval. Our expertise combined with market intelligence provides borrowers with a streamlined process that delivers exceptional service from start to finish.
Whether it’s a co-op purchase or a refinance, our licensed co-op loan specialists work tirelessly on behalf of clients to assure the loan process runs smoothly and cost-effectively.
Our co-op loan programs are designed to maximize the borrowers’ options:
- Primary residence, second home or as an investment
- Purchase, rate & term or cash-out refinance
- Conforming and high balance fixed, jumbo fixed and jumbo ARM loan programs
- Loan amounts up to $5,000,000
- Available in select areas of New York and New Jersey
- Non-warrantable co-ops (buildings that have financing issues)
- Cash-out to 75% of the value of your unit
- Low appraisal fee
Co-op Financing Simplified!
We have been providing borrowers with an easier way to do business — no matter how unique or complex the loan is. Our hands-on approach provides guidance through the intricacies of co-op financing and delivers innovative solutions to meet the specific needs of our clients.
If you’re interested in a co-op loan, please contact us for more information.