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Investment Co-Op Programs

Investing in a co-op?

 

Quintessential Mortgage Group has great offerings for those looking to invest in a co-op. Buying a co-op as an investment property can require a significant amount of financing, and as a mortgage provider, we seek to provide the most competitive rates and reasonable terms. However, co-ops are not the easiest properties to finance, especially those that carry the label investment property. Therefore, you need a mortgage company that will find the financing needed to purchase or refinance a cooperative.

Giving you competitive rates

Many brokers claim to understand how cooperatives work, but they don’t understand how the legal complexity behind a co-op affects your ability to purchase or refinance a co-op. Some advantages we offer include:

  • Loan amounts up to $2 million
  • Up to 65% loan to value for Cashout Refinances
  • $150,000 minimum loan amount
  • Offered in No Income Check as well
  • Purchase or refinance
  • Fast closings

Many mortgage companies require you to put a large down payment on any type of co-op purchase financing. Competitors may require more than 40% of the sales price as a down payment for a cooperative. Quintessential Mortgage Group can help you finance what you need with a down payment as low as 35%. Contact our team of skilled loan experts today to learn more. 

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Disclaimer: This calculator is provided for informational purposes only. It is not an indication of loans available through Quintessential mortgage Group, LLC.