Loan Programs

Community Association Loans 

Community associations - including condominium and homeowner associations -- need access to capital to pay for large-scale repair projects whether it is replacing a roof, installing a new HVAC system or renovating common areas.  Instead of burdening unit owners with hefty special assessments or depleting reserve funds, spreading the cost of a project over time through a loan with NCB may make the most sense.  With two plus decades experience, NCB is recognized as a leader in helping housing communities access the capital they need when they need it. 

Benefits of NCB’s Community Association Loan Program 

  • Loan terms up to 10 years  
  • Competitive interest rates  
  • Flexible loan structures and pre-payment options  
  • Expedited loan process  

Fill out NCB's prequalification worksheet to obtain a loan proposal for your association.

 For more information, please contact a Community Association Banking specialist at (800) 766-2622. 

Cooperative Housing Loans 

NCB offers competitive mortgage loans to housing cooperatives nationwide   Whether your borrowing need is $200,000 or $50 million, you can count on NCB. Our in-depth knowledge of the co-op market means fast and efficient delivery of the product tailored to fit your needs.  That’s one reason why NCB has provided capital for more than 40% of all cooperatives across the country.  

Loan proceeds can be used to refinance existing debt, fund capital improvements, and replenish reserves. Active in all areas of cooperative housing market, NCB has originated more than $3 billion to housing cooperatives in the last three years alone. NCB’s seasoned lending team, with over 60 years of collective experience, has the expertise to deliver a full menu of financial products and services. 

Financing Options: 

  • 10-year, 15-year and 20-year fixed rate building mortgages  
  • Secured and unsecured lines of credit  
  • Second mortgages for co-op buildings  
  • Share loans for co-op unit owners  

For information on cooperative lending please contact (800) 766-2622.  

Unit Loans 

NCB is a premier lender for residential properties; including cooperatives, condominiums and single family homes nationwide. Whether you are looking to purchase a cooperative unit, lower your monthly payment with a refinance or buy a single family home, NCB has the competitive loan products to meet your needs.The bank offers both fixed-rate and adjustable-rate mortgages for residents, whether a FannieMae conforming or a jumbo portfolio product. The application process is simple and can be done online.  Apply Today! 

Benefits of Financing with NCB  

  • Same day prequalification 
  • Personalized Service-- Call (800) 766-2622 to speak with one of our mortgage specialists to answer any of your questions 
  • Fixed rate conforming mortgages up to 40 years 
  • Nationwide cooperative lending expertise