Working together to make your HomeOwnership dream a reality.

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Thank you for your interest in borrowing with us. We share your commitment to affordable cooperative homeownership and our goal is to make your home loan experience easy and suited to your needs.

Application Process

  • Download or print the application Checklist.

  • Submit an application online,


  • Complete the paper Application and Household Income Addendum and mail the complete application to HomeOwnership Lending, LLC, 120 Wall Street, 20th Floor, New York, NY 10005, or email to

    If you need assistance filling out the Application or Addendum please contact us at 212-479-3339.

What to Expect

  • Within 3 business days of receiving your application, you will receive a Loan Estimate – this document is an estimate of what the loan may cost you over the entire life of the loan term. This is not yet a commitment to lend and you are under no obligation to proceed. This estimate is good for 30 days.

  • If you decide to proceed, you will need to send a notice of Intent to Proceed together with the non-refundable application fee.

  • With the Intent to Proceed you will need to provide a Board Resolution from the co-op board of directors and the other Backup Documents listed on the Checklist.

  •  You will also need your future co-op to complete and return a Cooperative Questionnaire and Addendum to us as part of your application.

  • The underwriting team will review your application and may ask you for additional backup documents to verify or replace some of the backup documents previously provided.

  • If you are found eligible, you will receive a Commitment Letter after submitting your completed application – this letter is your official loan offer and may be slightly different than you Loan Estimate. You can take this letter to your future co-op board if they need proof of your financing readiness.

  • When all parties are ready, a closing will take place and you will become a shareholder. However, your original share certificate must be held by HomeOwnership Lending as collateral for your loan until the loan is paid-off in full.


Buying a cooperative apartment and big investment and we strongly encourage you to seek the advice of an attorney.

Take pride in your new home and the fact that your borrowed dollars are also being put toward a good cause -making loans available to other deserving purchasers like yourself.

Contact Us

Please feel free to contact us if you have any questions about the Application, Addendum, Back-up Documents or the process in general. To schedule an appointment to review you complete application-please call 212-479-3368 and leave a message. We will contact you within 24 business hours. Or, you can email us at