Northcountry Cooperative Development Fund

Borrow from the Fund

 

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Cooperative Business Loans

NCDF has been honing an expertise in cooperative lending for over 30 years. Because we are a co-op of co-ops ourselves, we understand the unique ownership and governance structure of cooperatives, and the benefits that co-ops provide to their communities.

Review the loan application and contact a loan officer to complete discuss your borrowing needs:
under $60,000 or over $60,000 and all real estate purchases.

For more information on rates, requirements, and how to apply, call Jim Shadko at (612) 767-2123 or by e-mail at jim@ncdf.coop

 

 

Cooperative Home Loans

NCDF and NCFCU can help you purchase your cooperative home! To apply for a share loan follow these five simple steps:

Step 1: Find out if your cooperative is an Approved Lending Site here. If the cooperative is not on the list, a representative of that cooperative can download an Approved Site Application here. A cooperative must be an Approved Lending Site to be eligible for share loans.

Step 2: Check that you meet all membership requirements of the housing cooperative you want to join.

Step 3: Click here and complete a cooperative share loan application. Fill it out and mail it, email it, fax it, or drop it off at the office.

Step 4: Patiently wait 3 to 5 days for our loan technician to process the loan application.

Step 5: Enjoy your new cooperative home!

For information on rates, requirements, or if you have specific questions about the applications, please contact Timeka Kuhnley at (612) 767-2115 or by email at timeka@ncdf.coop

 

 

 

Copyright © Northcountry Cooperative Development Fund
219 Main Street SE, Suite 500, Minneapolis, MN 55414
Office Phone: (612) 331-9103; fax: (612) 454-2699; general e-mail: info@ncdf.coop