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Multifamily Loans in
Buckeye, AZ

Overview

Buckeye is located in a good market for 5+ unit multifamily loans. Multifamily loans in Buckeye are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in Buckeye are competitive. Buckeye 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 Buckeye.

Get multifamily loan quotes for Dec 02, 2021


Multifamily Loan Rates in Buckeye, AZ

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Buckeye 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 3.28% - 3.52%
10 Year Fixed 3.52% - 3.76%
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 3.11% - 3.36%
7 Year Fixed 3.28% - 3.73%
10 Year Fixed 3.25% - 3.65%
Additional rate discounts for affordability and energy efficiency. Longer term fixed rates available. Rates updated on 12/01/2021. This is not an offer or commitment to lend. Multifamily loan rates in Buckeye 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 02, 2021


Multifamily Lenders in Buckeye, AZ

All major multifamily lender types are lending in Buckeye.


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 02, 2021


Buckeye Market

The city of Buckeye in Maricopa County has a population of 79,620. The median rent in Maricopa County for a 2 bedroom is $1,346. The median Buckeye resident is 34 years old with a yearly income of $31,797. The average family has 3.62 members and a median household income of $71,707. Buckeye has a 20% higher education rate. The unemployment rate in Buckeye is 5.6%.


Population
79,620 people

County
Maricopa County

Renters

24.7% of Buckeye households are renters.


Rent Burden

26.1% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Maricopa County 1
Arizona 2
National 2
Studio $1,004 $747 $737
1 bedroom $1,111 $822 $813
2 bedroom $1,346 $1,038 $1,015
3 bedroom $1,899 $1,433 $1,325
4 bedroom $2,162 $1,597 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Buckeye Demographics


Median Individual Income
$31,797 / year

Median Household Income
$71,707 / year

Families w/ Dual Incomes
51%

Unemployment Rate
5.6%
Household Income Distribution
Buckeye, AZ

Median Age
34 years

Avg Family Size
3.62 people
Age Distribution
Buckeye, AZ

College Education or Above
20%

STEM College Graduates
42%
Education Distribution
Buckeye, AZ
Source: U.S. Census Bureau

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