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Sam · 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.

Guest

Can you tell which lender's will offer a 30 year fixed mortgage on a cooperative? sharon Hannon [sdhannon@cox.net]

Company	Loan Type	APR	Est. Pmt.
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