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Today's Best (Thursday 5/17/12):

15 Year Fixed 3.00% / NO Points / 3.21% A.P.R.*

20 Year Fixed 3.50% / NO Points / 3.58% A.P.R.*

30 Year Fixed 3.625% / NO Points / 3.695% A.P.R.*

CO-OP Financing:

At Liberty Home Funding the focus of our business is to provide our customers with a low mortgage rate, as well as an efficient process for the financing for a co-op apartment. Owning a co-op is unlike owning any other type of housing. Instead of owning the apartment, you own shares in a corporation. The loan process for a co-op is also unique and therefore requires a level of expertise unlike any other type of mortgage.

Since 1998, over 80% of our loans have provided the financing for co-op apartments. As a result, when you work with Liberty Home Funding, your loan process will be managed by someone that offers the expertise necessary to efficiently get your mortgage closed. At Liberty Home Funding, we offer a wide variety of mortgage products and we have provided mortgages for apartments with values from $100,000 to $4,000,000. We will make every attempt to work with you to specifically tailor a mortgage to your transaction, providing you with the details about closing costs and available rates that you need to make a good decision about the financing for your co-op apartment. Call us at (212) 838-9115 or (877) 329-7709 and get the specific rates and terms available for your transaction!!

Many Products!!

As mortgage brokers, we have the ability to shop for your rate through several lenders, not just one. And in most of our transactions, our fee is paid for by the lender NOT the consumer! Whether you are looking for a conventional mortgage or a unique loan product, we can help. We have lenders with low rates and closing costs for the conventional easy to place co-op loans, but we also offer some other products that are not so common:

Super Jumbo (Mortgage amounts $1,000,000+);
Second / Vacation Homes / Pied-a-Terre;
Co-ops for Offspring (Kiddy Co-ops);
1st Time Homebuyer Loans;
B/C Credit Borrowers;
Investment Co-ops;
Studio / Limited Square Footage;
5% Down Loans (95% Financing) for qualified 1st Time Homebuyers;
Underlying Mortgages for the Co-op Building;

Worried about rate increases while your loan is in process or while you wait on the Co-Op Board? DON'T WORRY! ASK about our rate "FLOAT-DOWN"! This allows you to lock-in today's rate without having to guess the direction of tomorrow's market. Lock your rate today and if rates decrease, you may be able to relock a lower rate prior to your closing!

At Liberty Home Funding, we offer the best rates and products for your co-op financing needs and have been providing these services since 1998! If you would prefer to speak directly with one of our representatives, please call us at (212) 838-9115, or fill out our online application and we will call you. We look forward to the opportunity to work with you.

DISCLAIMERS /NOTES:

*NEW APPLICATIONS ONLY! Fixed Annual Percentage Rate (APR)s: Conventional rate and APR are examples based upon: Purchase or rate and term refinance, a price /value of $312,500, a 75% loan-to-value ratio and a credit score of 740+. The minimum mortgage amount for the rates reflected for this program is $200,000, the maximum mortgage is $417,000. This should not be considered an offer to lend.

** Agency Jumbo is based upon a purchase or refinance transaction, property value of $834,000 or higher, a mortgage amount of $625,500 (75% loan-to-value) and a credit score in excess of 740. This should not be considered an offer to lend. Call (212) 838-9115 for a rate quote.

Rates reflected here are samples of available rates for mortgages >$200,000 and downpayment / equity of 25% available on the date posted. Rates posted here are not real time, nor should they be considered an offer to lend. We offer financing for co-ops with as little as 5% downpayment. Minimum mortgage is $50,000.