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Senior Loan Officer
STERLING NATIONAL BANK
310 Crossways Park Drive
Woodbury, NY 11797
Accredited Buyer Representative
A mortgage commitment depends upon may things. The mortgage commitment for a co-op shouldn't take any longer than any "Real" property. HOWEVER the approval an "Okay to close" for a co-op can be anywhere from 2 to 6 weeks. Much of that depends upon the co-op's management company's timeliness as well as the credentials of the buyer.