Coop Building Mortgage
Started by falcogold1
about 10 years ago
Posts: 4159
Member since: Sep 2008
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Experience mortgage broker here with access to very good lenders, also niche lenders for yor specific needs.
Ellen Silverman
E. S. Funding Co
Licensed Mortgage Broker since 1990, NMLS# 60631
Licensed Real Estate Broker since 1987
esfundingco@aol.com
Not exactly looking for a mortgage broker to purchase a coop but rather a banker that specializes coop "BUILDING" mortgages. Many coop buildings have outstanding mortgages which need periodic refinancing, this is what I'm searching for.
Best rates and terms on our refi late last year: https://www.myinvestorsbank.com/home/business/lending/realestate
"underlying mortgage" lenders =
Capital One , NCB , NYCB , First Republic , Bercadia, Sterling
To Admin2009's list, I would add Meridian Capital.
Worth noting that Meridian is a broker, not a lender.
Meridian capital charges a lot. I do commercial loans besides residential loans, namely underlying co-op mortgages.