National City introduces cooperative financing downstateMortgagePress.comNew York state co-op financing
National City Home Equity (NCHE) has announced the addition of
cooperative ("co-op") financing to its suite of services available
in downstate New York.
Second-lien, fixed-rate loans and home equity lines of credit
will be available for residential units located in co-op buildings.
NCHE has also developed a loan application process specific to
co-ops, streamlining the review of the property and reducing
NCHE is a division of National City Corporation, a
Cleveland-based financial holding company. For more information,
call (888) 622-4932 or visit www.nationalcityhomeequity.com.