Lenders for Primary SFR Coop HELOC?

Lenders for Primary SFR Coop HELOC?

Member since 2025 · 1 post · 0 votes


Hi, ALL. I have a primary residence that is a coop in the Ithaca EcoVillage and I'd like to do a HELOC using equity. I contacted National Cooperative Bank and they only do apartment buildings, not detached SFRs. Does anyone know of a lender that does SFR coop primary HELOC loans? I'm seeking a rate less than 6.5%, if possible.

Thanks so much for reading this!

Greg

0Reply
10 views

1 Reply

Jump to latestLatest
  • Stephanie JacobsonBusiness Member
    Real Estate Agent · Ithaca, NY · Member since 2016 · 427 posts · 323 votes
    1y

    Did you try First National of Groton or Dryden? Sometimes they can do unconventional things, and they're worth building a relationship with!

    If not either of those, I would try Tioga State next. Lisa Viglione is my favorite lender there on the residential side. 

Join the conversationCreate a free account to reply, vote on answers and follow this thread.