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Multifamily Loans in
Caldwell, ID

Overview

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

Get multifamily loan quotes for Dec 04, 2021


Multifamily Loan Rates in Caldwell, ID

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Caldwell 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% - 3.75%
7 Year Fixed 3.37% - 3.61%
10 Year Fixed 3.61% - 3.85%
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 Caldwell 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 Caldwell, ID

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


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


Caldwell Market

The city of Caldwell in Canyon County has a population of 58,481. The median rent in Canyon County for a 2 bedroom is $1,054. The median Caldwell resident is 30 years old with a yearly income of $23,885. The average family has 3.87 members and a median household income of $49,046. Caldwell has a 14% higher education rate. The unemployment rate in Caldwell is 6.8%.


Population
58,481 people

County
Canyon County

Renters

36.6% of Caldwell households are renters.


Rent Burden

29.4% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Canyon County 1
Idaho 2
National 2
Studio $718 $622 $737
1 bedroom $842 $673 $813
2 bedroom $1,054 $863 $1,015
3 bedroom $1,494 $1,204 $1,325
4 bedroom $1,732 $1,409 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Caldwell Demographics


Median Individual Income
$23,885 / year

Median Household Income
$49,046 / year

Families w/ Dual Incomes
55%

Unemployment Rate
6.8%
Household Income Distribution
Caldwell, ID

Median Age
30 years

Avg Family Size
3.87 people
Age Distribution
Caldwell, ID

College Education or Above
14%

STEM College Graduates
40%
Education Distribution
Caldwell, ID
Source: U.S. Census Bureau

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