Last reviewed 10-31-2026Short-Sale.com Editorialglossary
Cooperative (Co-Op) Share Loan
Fannie Mae
Updated 10-31-2026
Cooperative (Co-Op) Share Loan
A loan secured by a co-op unit that finances (or refinances) the purchase of an ownership interest and the accompanying occupancy rights in a co-op housing corporation. It is secured by an assignment of the occupancy agreement and a pledge of the co-op shares.
Fannie Mae Glossary of Terms
Fannie Mae · p. 9
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