Cooperative Housing Loan
A cooperative housing loan can be used to purchase a cooperative housing unit or improve your current one. The loan has a variable interest rate with a term of up to 30 years. As security for the loan, a deed of pledge is typically established on the cooperative housing unit.
Advantages of buying a cooperative housing unit:
Contact your personal advisor to learn more about your options or if you would like an offer for financing a cooperative housing unit.
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Advantages of buying a cooperative housing unit:
- You do not have to pay property value tax.
- There are no costs for a deed when trading cooperative housing units.
Contact your personal advisor to learn more about your options or if you would like an offer for financing a cooperative housing unit.
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