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Multifamily Loans in
Denver, CO

Overview

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

Get multifamily loan quotes for Dec 04, 2021


Multifamily Loan Rates in Denver, CO

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Denver 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 Denver 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 Denver, CO

All major multifamily lender types are lending in Denver.


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


Denver Market

The city of Denver in Denver County has a population of 727,211. The median rent in Denver County for a 2 bedroom is $1,750. The median Denver resident is 35 years old with a yearly income of $39,806. The average family has 3.17 members and a median household income of $68,592. Denver has a 50% higher education rate. The unemployment rate in Denver is 3.8%.


Population
727,211 people

County
Denver County

Renters

50.1% of Denver households are renters.


Rent Burden

31.1% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Denver 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

Denver Demographics


Median Individual Income
$39,806 / year

Median Household Income
$68,592 / year

Families w/ Dual Incomes
60%

Unemployment Rate
3.8%
Household Income Distribution
Denver, CO

Median Age
35 years

Avg Family Size
3.17 people
Age Distribution
Denver, CO

College Education or Above
50%

STEM College Graduates
46%
Education Distribution
Denver, CO
Source: U.S. Census Bureau

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