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What is the highest LTV on NY Co-ops?

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aberman Joined: 13 Jun 2008 Posts: 2 1.55 Dollars($)	Posted: Fri Jun 13, 2008 5:24 am    Post subject: What is the highest LTV on NY Co-ops? Like 0 Dislike 0 What is the highest LTV on co-ops in NY that you are aware of? In this case, the coop does NOT have a max on financing. Please reply with the names of the lenders wholesale or retail.
larry Joined: 27 Jun 2007 Posts: 3322 474.67 Dollars($)	Posted: Fri Jun 13, 2008 5:40 am    Post subject: Like 0 Dislike 0 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
aberman Joined: 13 Jun 2008 Posts: 2 1.55 Dollars($)	Posted: Fri Jun 13, 2008 5:53 am    Post subject: Like 0 Dislike 0 I need to know exactly what is the highest LTV. Not what you "think". This would be based on a perfect scenerio with scores 800+ and full doc with great DTI.
larry Joined: 27 Jun 2007 Posts: 3322 474.67 Dollars($)	Posted: Fri Jun 13, 2008 6:06 am    Post subject: Like 0 Dislike 0 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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