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refinance brownstone major problem

Started by dledven
almost 16 years ago
Posts: 198
Member since: May 2008
Discussion about
Does anyone have a suggestion....brownstone co-op with only units is being turned down by every lender because of the number of units, both units are owner occupied, but no lender will refinance the mortgage even the current mortgage lender. they are saying that anything less then 10 units bank will not touch. This could affect many buildings in soho/tribeca, bklyn heights cobble hill area. Very frustrating
Response by dledven
almost 16 years ago
Posts: 198
Member since: May 2008

only two units, sorry

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Response by NYCMatt
almost 16 years ago
Posts: 7523
Member since: May 2009

Pay down your mortgage early.

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