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Multifamily Loans in
Greenbelt, MD

Overview

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

Get multifamily loan quotes for Dec 04, 2021


Multifamily Loan Rates in Greenbelt, MD

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

All major multifamily lender types are lending in Greenbelt.


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


Greenbelt Market

The city of Greenbelt in Prince George's County has a population of 23,224. The median rent in Prince George's County for a 2 bedroom is $1,917. The median Greenbelt resident is 36 years old with a yearly income of $41,611. The average family has 3.23 members and a median household income of $71,734. Greenbelt has a 47% higher education rate. The unemployment rate in Greenbelt is 5.2%.


Population
23,224 people

County
Prince George's County

Renters

52.2% of Greenbelt households are renters.


Rent Burden

32.8% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Prince George's County 1
Maryland 2
National 2
Studio $1,643 $1,013 $737
1 bedroom $1,682 $1,126 $813
2 bedroom $1,917 $1,365 $1,015
3 bedroom $2,457 $1,803 $1,325
4 bedroom $2,978 $2,127 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Greenbelt Demographics


Median Individual Income
$41,611 / year

Median Household Income
$71,734 / year

Families w/ Dual Incomes
60%

Unemployment Rate
5.2%
Household Income Distribution
Greenbelt, MD

Median Age
36 years

Avg Family Size
3.23 people
Age Distribution
Greenbelt, MD

College Education or Above
47%

STEM College Graduates
52%
Education Distribution
Greenbelt, MD
Source: U.S. Census Bureau

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