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Bank Statement Program for Coops

Bank Statement Program for Coops

This innovative mortgage solution is tailored for individuals who may not qualify through conventional means but can demonstrate their financial stability through 12 months of bank statements when purchasing or refinancing a cooperative apartment. Bank Statement...

Co-op Financing Solutions

Co-op Financing Solutions

Welcome to Coops.nyc, your ultimate destination for all things related to co-op financing in the state of New York! Whether you're a first-time co-op buyer, looking to refinance a co-op, or interested in tapping into your co-op home equity, we have tailored solutions...

What Makes a Co-op Non-Warrantable?

What Makes a Co-op Non-Warrantable?

For most cooperatives in New York City, financing is readily available through the conventional loan process. However, some buildings and transactions are deemed non-warrantable, which can make finding financing for co-op apartments in these transactions challenging....

Florida Co-op Home Closed in 32 Days with Newly Created LLC

Florida Co-op Home Closed in 32 Days with Newly Created LLC

At Coops.nyc, we recently had the pleasure of facilitating the closing of a Florida co-op apartment in just 32 days for a newly created LLC. The loan amount of $1.2 million was secured with a fixed rate interest-only term, using 12-month business bank statements as...

Cash-out Refinances for Co-ops, What are the Benefits?

Cash-out Refinances for Co-ops, What are the Benefits?

Cash-out Co-op refinancing has lots of advantages, especially in today’s interest-rate housing market environment. Doing a cash-out refinance can be complex so requires assistance from leading co-op professionals. We help co-op owners refinance at lower rates enabling...