What is it?
DirectLenderMatch classifies Co-op Share Loan under the financing form “Share loan.” Its typical use in this directory is: Finance purchase of cooperative apartment interest.
How does it work?
The structure is generally evaluated, supported, or secured using the following basis: Cooperative shares + proprietary lease. Exact underwriting, eligibility, terms, and availability are provider-specific and can change.
What can it be used for?
Finance purchase of cooperative apartment interest.
What backs or supports it?
Cooperative shares + proprietary lease.
Why does this structure exist?
This structure provides a defined way to address the financing need described above. The provider, transaction, collateral, and underwriting context determine how the structure is implemented in practice.
Important considerations
Confirm current costs, risks, licensing, eligibility, collateral treatment, recourse, tax consequences, and availability directly with the provider and appropriate professional advisers. DirectLenderMatch does not compare rates or recommend products.
Is this actually a loan?
Workbook classification: Yes. Financing forms such as leases, purchases, shared equity, advances, and guarantees may solve a funding need without being conventional loans.
Verified lenders or providers
Direct cooperative-housing lender
National Cooperative Bank
National Cooperative Bank specializes in cooperative housing and documents co-op share loans.
Official evidence page →Last verified: 2026-08-23
Related financing structures
Conforming Adjustable-Rate Mortgage (ARM)
Purchase/refinance with adjustable rate
Conforming Fixed-Rate Mortgage
Purchase/refinance within conforming limits
FHA 203(b) Purchase Mortgage
FHA-insured purchase financing
FHA 203(k) Limited Rehabilitation Mortgage
Purchase/refinance plus smaller rehab
FHA 203(k) Standard Rehabilitation Mortgage
Purchase/refinance plus substantial rehab
FHA Title I Manufactured Home Lot Loan
Finance lot for manufactured home