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Multifamily Loans in
Dunedin, FL

Overview

Dunedin is located in a good market for 5+ unit multifamily loans. Multifamily loans in Dunedin are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in Dunedin are competitive. Dunedin 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 Dunedin.

Get multifamily loan quotes for Dec 03, 2021


Multifamily Loan Rates in Dunedin, FL

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Dunedin 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 3.32% - 3.56%
7 Year Fixed 3.28% - 3.52%
10 Year Fixed 3.47% - 3.71%
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 3.11% - 3.36%
7 Year Fixed 3.28% - 3.73%
10 Year Fixed 3.25% - 3.65%
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 Dunedin 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 Dunedin, FL

All major multifamily lender types are lending in Dunedin.


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


Dunedin Market

The city of Dunedin in Pinellas County has a population of 36,537. The median rent in Pinellas County for a 2 bedroom is $1,375. The median Dunedin resident is 54 years old with a yearly income of $30,238. The average family has 2.82 members and a median household income of $50,356. Dunedin has a 35% higher education rate. The unemployment rate in Dunedin is 4.2%.


Population
36,537 people

County
Pinellas County

Renters

34.1% of Dunedin households are renters.


Rent Burden

33.8% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Pinellas County 1
Florida 2
National 2
Studio $1,070 $822 $737
1 bedroom $1,125 $891 $813
2 bedroom $1,375 $1,089 $1,015
3 bedroom $1,786 $1,448 $1,325
4 bedroom $2,194 $1,716 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Dunedin Demographics


Median Individual Income
$30,238 / year

Median Household Income
$50,356 / year

Families w/ Dual Incomes
46%

Unemployment Rate
4.2%
Household Income Distribution
Dunedin, FL

Median Age
54 years

Avg Family Size
2.82 people
Age Distribution
Dunedin, FL

College Education or Above
35%

STEM College Graduates
39%
Education Distribution
Dunedin, FL
Source: U.S. Census Bureau

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