Cooperative Mortgage

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Sam

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Joined: 21 May 2005

Posts: 205
Location: CALIFORNIA

93.10 Dollars($)

Posted: Thu Jun 17, 2004 1:15 am Post subject: Cooperative Mortgage

Cooperative Mortgage is a type of mortgage, which offers any loans related to a cooperative residential project. Features of cooperative mortgage are as following: It allows the borrower to buy shares of a co-op. It is a custom mortgage product and usually refers to a multifamily mortgage. It covers entire cooperative residential project. It occasionally describes the share loans on the individual units.

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