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Multifamily Loans in
Arnold, MO

Overview

Arnold is located in a good market for 5+ unit multifamily loans. Multifamily loans in Arnold are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in Arnold are competitive. Arnold apartments may be eligible for non-recourse multifamily loans up to 80% and other favorable terms like long term fixed rates and interest only payment options. SoftQuotes' lenders will lend on 5+ unit multifamily properties in Arnold.

Get multifamily loan quotes for Dec 04, 2021


Multifamily Loan Rates in Arnold, MO

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Arnold are:

Fannie Mae®
$1M to $6M
5 Year Fixed 3.74% - 4.44%
7 Year Fixed 3.68% - 4.38%
10 Year Fixed 3.79% - 4.49%
Freddie Mac®
$1M to $7.5M
5 Year Fixed 3.37% - 3.61%
7 Year Fixed 3.25% - 3.49%
10 Year Fixed 3.47% - 3.71%
Fannie Mae®
$6M to $100M
5 Year Fixed 3.34% - 4.04%
7 Year Fixed 3.28% - 3.98%
10 Year Fixed 3.39% - 4.09%
Freddie Mac®
$7.5M to $100M
5 Year Fixed 3.03% - 3.28%
7 Year Fixed 3.19% - 3.64%
10 Year Fixed 3.25% - 3.65%
Additional rate discounts for affordability and energy efficiency. Longer term fixed rates available. Rates updated on 12/03/2021. This is not an offer or commitment to lend. Multifamily loan rates in Arnold may vary based on income, leverage and other factors. Fannie Mae is a registered trademark of Federal National Mortgage Association Corporation. Freddie Mac is a registered trademark of the Federal Home Loan Mortgage Corporation.

Get multifamily loan quotes for Dec 04, 2021


Multifamily Lenders in Arnold, MO

All major multifamily lender types are lending in Arnold.


Agency Lenders
(Fannie / Freddie / HUD)
  • Long term fixed rates
  • Maximum leverage
  • Tax returns not required
  • Non-recourse
  • Interest only payment options
  • Rate discounts for affordability

Banks &
Credit Unions

  • Intermediate term fixed rates
  • Moderate leverage
  • Tax returns usually required
  • Recourse and non-recourse

Insurance
Companies

  • Long term fixed rates
  • Lower leverage
  • Tax returns usually required
  • Recourse and non-recourse

Conduits
(CMBS Lenders)
  • Intermediate term fixed rates
  • Maximum leverage
  • Tax returns not required
  • Non-recourse
  • Interest only payment options

Get multifamily loan quotes for Dec 04, 2021


Arnold Market

The city of Arnold in Jefferson County has a population of 21,091. The median rent in Jefferson County for a 2 bedroom is $1,005. The median Arnold resident is 41 years old with a yearly income of $32,835. The average family has 3.04 members and a median household income of $66,670. Arnold has a 20% higher education rate. The unemployment rate in Arnold is 4.9%.


Population
21,091 people

County
Jefferson County

Renters

26.7% of Arnold households are renters.


Rent Burden

26.3% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Jefferson County 1
Missouri 2
National 2
Studio $719 $535 $737
1 bedroom $783 $594 $813
2 bedroom $1,005 $761 $1,015
3 bedroom $1,311 $1,010 $1,325
4 bedroom $1,543 $1,155 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Arnold Demographics


Median Individual Income
$32,835 / year

Median Household Income
$66,670 / year

Families w/ Dual Incomes
54%

Unemployment Rate
4.9%
Household Income Distribution
Arnold, MO

Median Age
41 years

Avg Family Size
3.04 people
Age Distribution
Arnold, MO

College Education or Above
20%

STEM College Graduates
46%
Education Distribution
Arnold, MO
Source: U.S. Census Bureau

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