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

Asked by Bronxgirl7, Bronx, NY Tue Apr 7, 2009

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?

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Laura Lazar…, Agent, Bronx, NY
Tue Apr 7, 2009
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
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