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Multifamily Loans in
Columbine, CO

Overview

Columbine is located in a strong market for 5+ unit multifamily loans. Multifamily loans in Columbine are considered low risk due to market size and favorable regional economy. Interest rates for multifamily loans in Columbine are some of the lowest nationally. Columbine 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 Columbine.

Get multifamily loan quotes for Dec 04, 2021


Multifamily Loan Rates in Columbine, CO

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Columbine 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 2.99% - 3.23%
7 Year Fixed 3.18% - 3.42%
10 Year Fixed 3.38% - 3.62%
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 2.98% - 3.23%
7 Year Fixed 3.14% - 3.59%
10 Year Fixed 3.20% - 3.60%
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 Columbine 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 Columbine, CO

All major multifamily lender types are lending in Columbine.


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 04, 2021


Columbine Market

The city of Columbine in Jefferson County has a population of 25,332. The median rent in Jefferson County for a 2 bedroom is $1,750. The median Columbine resident is 43 years old with a yearly income of $46,167. The average family has 2.96 members and a median household income of $101,731. Columbine has a 48% higher education rate. The unemployment rate in Columbine is 2.3%.


Population
25,332 people

County
Jefferson County

Renters

12.1% of Columbine households are renters.


Rent Burden

41.6% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Jefferson County 1
Colorado 2
National 2
Studio $1,286 $873 $737
1 bedroom $1,422 $932 $813
2 bedroom $1,750 $1,168 $1,015
3 bedroom $2,383 $1,570 $1,325
4 bedroom $2,710 $1,825 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Columbine Demographics


Median Individual Income
$46,167 / year

Median Household Income
$101,731 / year

Families w/ Dual Incomes
57%

Unemployment Rate
2.3%
Household Income Distribution
Columbine, CO

Median Age
43 years

Avg Family Size
2.96 people
Age Distribution
Columbine, CO

College Education or Above
48%

STEM College Graduates
44%
Education Distribution
Columbine, CO
Source: U.S. Census Bureau

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