New York's Cooperative and Condominium Community
hi,
I am a board member of a Brooklyn co-op. Our underlying loan is coming due early Q1 2026 and we need to start shoping around for the refi. Where can I find a list of banks that provide underlying loans to co-ops? It seems not all commerical banks operate in this space and I would love to find a list of all banks that do so we can efficiently reach out to the right institutions (instead of wasting our time reaching out to banks that do not do these loans). We'd like to bypass a broker, if possible, as they cost quite a bit.
Thanks in advance!
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I am a board member of a UWS co-op. I have the same question. Our underlying loan is coming due early Q1 2026. We've been told to start the process of refinancing in November 2025. Were you able to obtain a list of lenders? So far, we've heard that NCB is one the of the biggest names that offer mortgages. Thanks in advance!
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