Most lenders do coop sales. The thing that will vary is what criteria they have for coops. There is a questionairre sent to the management company that contains all details of the coop and the way it's run. One thing banks don't like is if the renter/owner ratio is too high. Renters bring down the property value in the banks eyes and can be a reason for denial.
Good Evening Justine, Co-op's are are a certain purchase where you must be interviewed by the Association for approval... they usually want to see two times the amount in you funds for the purchase... Good Luck...
Where is the Co-op? You might want to ask the Co-op about finance options I'm sure they will know. If you still need help with the Buy in please call me if it's in the Philadelphia,PA area 215-725-5700X49
Philip J. Cunningham Sr
V.I.P. Realty Corporation
7942 Bustleton Ave