Finding a Lender to Refinance Coop Building
My Coop is in the market to refinance the buildings mortage (not me and my unit, but the building). I understand this to be a tough/small nich market. Can anyone suggest a lender who would refinance a $300K mortgage secured by a small, 9 unit building in prime Park Slope?
Also,any guide to how much of an interest rate premium to expect v. a normal residential refi?
