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Multifamily Loans in
Bedford, NH

Overview

Bedford is located in a what is considered a small market for 5+ unit multifamily loans. Multifamily loans in Bedford are considered moderate risk due to market dynamics. Interest rates for multifamily loans in Bedford are slightly higher than the national average. Bedford apartments may be eligible for non-recourse multifamily loans up to 75% for purchases and 70% for refinances. SoftQuotes' lenders will lend lend on 5+ unit multifamily properties in Bedford.

Get multifamily loan quotes for Dec 04, 2021


Multifamily Loan Rates in Bedford, NH

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Bedford 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 $6M
5 Year Fixed 3.61% - 3.85%
7 Year Fixed 3.44% - 3.68%
10 Year Fixed 3.66% - 3.90%
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®
$6M to $100M
5 Year Fixed 3.08% - 3.33%
7 Year Fixed 3.24% - 3.69%
10 Year Fixed 3.30% - 3.70%
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 Bedford 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 Bedford, NH

Agency lenders along with regional banks and credit unions are most likely to lend on multifamily properties in Bedford.


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

Banks &
Credit Unions

  • Intermediate term fixed rates
  • Moderate leverage
  • Tax returns usually required
  • Recourse

Get multifamily loan quotes for Dec 04, 2021


Bedford Market

The city of Bedford in Hillsborough County has a population of 22,535. The median rent in Hillsborough County for a 2 bedroom is $1,396. The median Bedford resident is 44 years old with a yearly income of $51,148. The average family has 3.11 members and a median household income of $135,021. Bedford has a 63% higher education rate. The unemployment rate in Bedford is 3.5%.


Population
22,535 people

County
Hillsborough County

Renters

14.3% of Bedford households are renters.


Rent Burden

34% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Hillsborough County 1
New Hampshire 2
National 2
Studio $952 $842 $737
1 bedroom $1,103 $959 $813
2 bedroom $1,396 $1,222 $1,015
3 bedroom $1,736 $1,597 $1,325
4 bedroom $1,893 $1,897 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Bedford Demographics


Median Individual Income
$51,148 / year

Median Household Income
$135,021 / year

Families w/ Dual Incomes
64%

Unemployment Rate
3.5%
Household Income Distribution
Bedford, NH

Median Age
44 years

Avg Family Size
3.11 people
Age Distribution
Bedford, NH

College Education or Above
63%

STEM College Graduates
50%
Education Distribution
Bedford, NH
Source: U.S. Census Bureau

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