RATE ALERT (10/22/14)!!!! For purchase transactions, our 15 year fixed is 2.99% (3.09% A.P.R.*) with 0 points , the 20 year is 3.625% (3.07% A.P.R.*) and the 30 year is 3.875% (3.96%A.P.R.*)!
We are co-op financing specialists and would argue that you can get personal service, a great rate, and low closing costs, all at the same place. At Liberty Home Funding the focus of our business is to provide our customers with low rate financing for a co-op apartment. Owning a co-op is unlike owning any other type of housing. Unlike a condo where you own the individual apartment, with a co-op apartment you will own shares in a co-operative corporation (the co-op). The process for financing a co-op is therefore unique and requires a level of expertise unlike any other type of mortgage.
Since 1998, over 80% of our loans have provided the financing for co-operative apartments. As a result, when you work with us, your loan process will be managed by someone that offers the expertise necessary to efficiently get your mortgage closed. We offer a wide variety of mortgage products and have provided mortgages for apartments with values from $100,000 to $4,000,000. We will provide you with the details about closing costs, available rates and products, so that you have the information you need to make a good decision about the type of mortgage that will work best for your transaction.
At Liberty Home Funding, we've been offering great rates and personal service since 1998. If you would like to speak directly with one of our co-op specialists, please call us at (212) 838-9115 at (877)329-7709, or fill out our online application and we will call you. We look forward to the opportunity to work with you.
*See A.P.R. information on Rate Trends page.