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 aberman
Joined: 13 Jun 2008
Posts: 2
1.55 Dollars($)
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 Posted: Fri Jun 13, 2008 5:24 am Post subject: What is the highest LTV on NY Co-ops? |
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| What is the highest LTV on co-ops in NY that you are aware of? In this case, the coop does NOT have a max on financing. Please reply with the names of the lenders wholesale or retail. |
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larry
Joined: 27 Jun 2007
Posts: 3328
474.49 Dollars($)
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| Posted: Fri Jun 13, 2008 5:40 am Post subject: |
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Hi aberman,
Welcome to the forum.
I think the LTV ratio may be about 90 percent on NY Co-ops. If you want to get a loan you need to give us a bit more details so that we can advise you better.
You can seek for No-obligation free consultation from the rated community lenders to know whether you can get a loan or not.
Best of luck,
Larry |
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aberman
Joined: 13 Jun 2008
Posts: 2
1.55 Dollars($)
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| Posted: Fri Jun 13, 2008 5:53 am Post subject: |
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| I need to know exactly what is the highest LTV. Not what you "think". This would be based on a perfect scenerio with scores 800+ and full doc with great DTI. |
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larry
Joined: 27 Jun 2007
Posts: 3328
474.49 Dollars($)
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| Posted: Fri Jun 13, 2008 6:06 am Post subject: |
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Hi aberman,
I think you should talk with a local real estate agent or a broker. LTV ratio varies from lender to lender and state to state. So if you can talk with a local real estate agent or a broker he will guide you better. BTW your credit score seems impressive.
Best of luck,
Larry |
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