Loading...

Multifamily Loans in
Coeur D'alene, ID

Overview

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

Get multifamily loan quotes for Dec 04, 2021


Multifamily Loan Rates in Coeur D'alene, ID

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Coeur D'alene 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 3.73% - 3.97%
7 Year Fixed 3.54% - 3.78%
10 Year Fixed 3.78% - 4.02%
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 3.13% - 3.38%
7 Year Fixed 3.29% - 3.74%
10 Year Fixed 3.35% - 3.75%
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 Coeur D'alene 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 Coeur D'alene, ID

Agency lenders along with regional banks and credit unions are most likely to lend on multifamily properties in Coeur D'alene.


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


Coeur D'alene Market

The city of Coeur D'alene in Kootenai County has a population of 52,414. The median rent in Kootenai County for a 2 bedroom is $1,009. The median Coeur D'alene resident is 37 years old with a yearly income of $27,178. The average family has 2.94 members and a median household income of $51,073. Coeur D'alene has a 27% higher education rate. The unemployment rate in Coeur D'alene is 4.1%.


Population
52,414 people

County
Kootenai County

Renters

47.9% of Coeur D'alene households are renters.


Rent Burden

29.9% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Kootenai County 1
Idaho 2
National 2
Studio $724 $622 $737
1 bedroom $805 $673 $813
2 bedroom $1,009 $863 $1,015
3 bedroom $1,444 $1,204 $1,325
4 bedroom $1,747 $1,409 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Coeur D'alene Demographics


Median Individual Income
$27,178 / year

Median Household Income
$51,073 / year

Families w/ Dual Incomes
45%

Unemployment Rate
4.1%
Household Income Distribution
Coeur D'alene, ID

Median Age
37 years

Avg Family Size
2.94 people
Age Distribution
Coeur D'alene, ID

College Education or Above
27%

STEM College Graduates
41%
Education Distribution
Coeur D'alene, ID
Source: U.S. Census Bureau

Ready To Get Quotes?

We're here to help.

(866) 484-8134

A SoftQuotes advisor is ready to help.

Get Quotes

Quotes within 1 business day