At MortgageDepot, we understand how stressful it can be to search for the right loan program for your needs but rest assured that we have a competitive jumbo coop loan program available for your second home coop refinance or purchase. We specialize in providing Jumbo Coop financing to residents in the New York area, and we have an extensive range of coop loan programs for most property types and loan scenarios. We have been providing co-op mortgages and second home co-op mortgages to our valued customers for many years, and we have the knowledge and experience that you are looking for in a Coop financing team.
What Our Jumbo Coop Program Offers
We believe that applying for a Coop mortgage should not be stressful or intimidating, and we strive to take the hassle out of the mortgage application process. Initially, we will screen your Coop loan request to ensure that it qualifies for our second home jumbo co-op mortgage loan program. Some of the loan terms associated with our coop mortgage include:
- Up to 80% LTV ( 20% down payment)
- Purchase or rate/term refinance
- Competitive loan rates and terms
- $650,000 to $5 million loan amounts
- Minimum credit score 700
- Second single family and condo purchases and refinances also permitted
After a basic review of the coop loan request, we will then pre-qualify your request for the second home jumbo coop mortgage program, and we can guide you through the remainder of the loan request with ease. We want to take the stress out of the Coop loan process, and you can always expect friendly service when you apply for a co-op mortgage through MortgageDepot.
If you are interested in a jumbo co-op mortgage for a second home purchase or refinance, now is a great time to contact MortgageDepot for assistance. We are ready to help you get pre-qualified for the funding that you need, so contact us today.