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Multifamily Loans in
Guilford, CT

Overview

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

Get multifamily loan quotes for Dec 04, 2021


Multifamily Loan Rates in Guilford, CT

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Guilford 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 3.42% - 3.66%
7 Year Fixed 3.33% - 3.57%
10 Year Fixed 3.52% - 3.76%
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 3.03% - 3.28%
7 Year Fixed 3.19% - 3.64%
10 Year Fixed 3.25% - 3.65%
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 Guilford 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 Guilford, CT

All major multifamily lender types are lending in Guilford.


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


Guilford Market

The city of Guilford in New Haven County has a population of 22,216. The median rent in New Haven County for a 2 bedroom is $1,546. The median Guilford resident is 49 years old with a yearly income of $50,345. The average family has 3.07 members and a median household income of $111,870. Guilford has a 58% higher education rate. The unemployment rate in Guilford is 3.9%.


Population
22,216 people

County
New Haven County

Renters

13.4% of Guilford households are renters.


Rent Burden

37.4% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
New Haven County 1
Connecticut 2
National 2
Studio $1,020 $974 $737
1 bedroom $1,279 $1,155 $813
2 bedroom $1,546 $1,442 $1,015
3 bedroom $1,923 $1,820 $1,325
4 bedroom $2,526 $2,144 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Guilford Demographics


Median Individual Income
$50,345 / year

Median Household Income
$111,870 / year

Families w/ Dual Incomes
60%

Unemployment Rate
3.9%
Household Income Distribution
Guilford, CT

Median Age
49 years

Avg Family Size
3.07 people
Age Distribution
Guilford, CT

College Education or Above
58%

STEM College Graduates
48%
Education Distribution
Guilford, CT
Source: U.S. Census Bureau

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