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The Refinancing Of The Underlying Co-Op Mortgage

The Refinancing Of The Underlying Co-Op Mortgage

The underlying coop mortgage is a term that we encounter in the commercial property purchase process and even though it has a lot of similarities with the residential mortgage, it actually differs. Instead of a single resident, it relates to the building as a whole. In this article, we will try to explain some key things you should know when it comes to the refinancing of the underlying co-op mortgages so you could be prepared for all the complicated terms and conditions.