If I am able to locate a sponsored co-op in Riverdale, could I put down less than 10%?

Bronxgirl7
Home Buyer
Bronx, NY

For instance, if Iam approved for an FHA loan, with only a 3.5% down payment, do most boards reject that, even if the co-op is a sponsor unit?

Answers (1)
Laura Lazar Kea...
Agent
New York, NY
FIRST ANSWER

Yes you can. It depends which coop you were interested in...let us know and we can tell you more.

I don't know if it was a system glitch but I see your question came up two times...

Best,
Laura

Tue Apr 7 2009, 16:59

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