Loading...

Multifamily Loans in
Country Club, FL

Overview

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

Get multifamily loan quotes for Dec 03, 2021


Multifamily Loan Rates in Country Club, FL

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Country Club 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 3.04% - 3.28%
7 Year Fixed 3.23% - 3.47%
10 Year Fixed 3.43% - 3.67%
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 3.06% - 3.31%
7 Year Fixed 3.23% - 3.68%
10 Year Fixed 3.20% - 3.60%
Additional rate discounts for affordability and energy efficiency. Longer term fixed rates available. Rates updated on 12/02/2021. This is not an offer or commitment to lend. Multifamily loan rates in Country Club 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 03, 2021


Multifamily Lenders in Country Club, FL

All major multifamily lender types are lending in Country Club.


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 03, 2021


Country Club Market

The city of Country Club in Miami-Dade County has a population of 50,431. The median rent in Miami-Dade County for a 2 bedroom is $1,684. The median Country Club resident is 37 years old with a yearly income of $23,085. The average family has 3.53 members and a median household income of $48,184. Country Club has a 23% higher education rate. The unemployment rate in Country Club is 5.3%.


Population
50,431 people

County
Miami-Dade County

Renters

58.7% of Country Club households are renters.


Rent Burden

41.9% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Miami-Dade County 1
Florida 2
National 2
Studio $1,148 $822 $737
1 bedroom $1,336 $891 $813
2 bedroom $1,684 $1,089 $1,015
3 bedroom $2,245 $1,448 $1,325
4 bedroom $2,696 $1,716 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Country Club Demographics


Median Individual Income
$23,085 / year

Median Household Income
$48,184 / year

Families w/ Dual Incomes
57%

Unemployment Rate
5.3%
Household Income Distribution
Country Club, FL

Median Age
37 years

Avg Family Size
3.53 people
Age Distribution
Country Club, FL

College Education or Above
23%

STEM College Graduates
44%
Education Distribution
Country Club, FL
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