Commercial Real Estate Expertise, Trusted Solutions

National Cooperative Bank provides commercial real estate loans nationwide for housing cooperatives, multifamily properties and other commercial property types.

Cooperative Building Mortgages

NCB has over 40 years of experience working with housing cooperatives providing long-term financing for capital improvements or to refinance existing debt. Our in-depth knowledge of the co-op market means fast and efficient delivery of the underlying mortgage product tailored to fit your exact needs.

Loan Products

First Mortgages
Second Mortgages
Lines of Credit

Loan Terms

10-year, 15-year and 30-year fixed-rate building mortgages
Interest-only loans available

Financing Purposes

Refinance existing debt
Fund capital improvements
Replenish reserves

Key Requirements

Delinquent units are <10% of total units
Balance in reserves is >10% of budgeted annual assessment charges
First and second mortgages must have a maximum combined LTV of 65% as a rental property and 55% as a cooperative

Other Commercial Properties

We offer portfolio and salable financing packages for all major commercial property types.

Portfolio Product

Loan Terms

3–7 year term with amortization up to 30 years. Longer and shorter terms will be considered.
Fixed-interest rate for the loan term. Interest-only periods and floating rate loans available.
Flexible prepayment options.
Non-recourse for transactions under 65% LTV, subject to credit underwriting.
Maximum LTV of 75%.

Salable Product

Loan Terms

5- and 10-year terms, with amortization up to 30 years.
10-year fixed-rate, priced over swaps. Partial Interest Only available.
Prepayment penalty is defeasance.
Non-recourse transactions.

We Serve the Basic Ingredients of Sustainable Communities

Alaska & Native

Banking Solutions for Alaska Business and Native Corporations
Co-op Housing & HOA

Banking Solutions for Housing Communities and Property Management Companies
Credit Unions

Cooperative solutions for Credit Unions, Leagues and CUSOs
Energy

Providing innovative renewable energy financing programs
Food

Banking solutions for food co-ops and independent grocery retailers
Health Care

Banking solutions for Senior Living, Aging services and Health Care
Non-Profit

Banking solutions for non-profits and socially responsible organizations
Small Business

Banking solutions for independent retailers, purchasing co-ops and worker-owned co-ops.