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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.

north isle village welcome sign

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.

co op housing with solar panels

Customer Success Stories

Co-op to the Core
Co-op to the Core
13th Street Terrace residents reject a proposed condo conversion to retain their affordable, limited-equity housing co-op
New Windows Work Wonders for Montello Condominiums
New Windows Work Wonders for Montello Condominiums
A window replacement project helps Washington D.C.’s Monticello Condominium Association deliver modern benefits with a historic look.
Village Hearth Cohousing
Village Hearth Cohousing
NCB’s $5.65 million construction loan helps build a haven for LGBTQ and allied seniors to age gracefully.  


NCB Mission Report
NCB Mission Report
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Interested in NCB's Commercial Real Estate Loan Products?

Speak to a Commercial Real Estate Banking Specialist