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Multifamily Loans in
Boulder, CO

Overview

Boulder is located in a what is considered a small market for 5+ unit multifamily loans. Multifamily loans in Boulder are considered moderate risk due to market dynamics. Interest rates for multifamily loans in Boulder are slightly higher than the national average. Boulder 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 Boulder.

Get multifamily loan quotes for Dec 04, 2021


Multifamily Loan Rates in Boulder, CO

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Boulder 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 3.56% - 3.80%
7 Year Fixed 3.39% - 3.63%
10 Year Fixed 3.56% - 3.80%
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 Boulder 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 Boulder, CO

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


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


Boulder Market

The city of Boulder in Boulder County has a population of 105,673. The median rent in Boulder County for a 2 bedroom is $1,867. The median Boulder resident is 29 years old with a yearly income of $30,020. The average family has 2.87 members and a median household income of $69,520. Boulder has a 76% higher education rate. The unemployment rate in Boulder is 4.6%.


Population
105,673 people

County
Boulder County

Renters

51.6% of Boulder households are renters.


Rent Burden

44.5% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Boulder County 1
Colorado 2
National 2
Studio $1,385 $873 $737
1 bedroom $1,547 $932 $813
2 bedroom $1,867 $1,168 $1,015
3 bedroom $2,556 $1,570 $1,325
4 bedroom $2,947 $1,825 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Boulder Demographics


Median Individual Income
$30,020 / year

Median Household Income
$69,520 / year

Families w/ Dual Incomes
61%

Unemployment Rate
4.6%
Household Income Distribution
Boulder, CO

Median Age
29 years

Avg Family Size
2.87 people
Age Distribution
Boulder, CO

College Education or Above
76%

STEM College Graduates
57%
Education Distribution
Boulder, CO
Source: U.S. Census Bureau

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