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Multifamily Loans in
Happy Valley, OR

Overview

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

Get multifamily loan quotes for Dec 04, 2021


Multifamily Loan Rates in Happy Valley, OR

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Happy Valley 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 3.15% - 3.39%
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 Happy Valley 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 Happy Valley, OR

All major multifamily lender types are lending in Happy Valley.


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


Happy Valley Market

The city of Happy Valley in Clackamas County has a population of 22,553. The median rent in Clackamas County for a 2 bedroom is $1,620. The median Happy Valley resident is 39 years old with a yearly income of $50,790. The average family has 3.35 members and a median household income of $125,676. Happy Valley has a 55% higher education rate. The unemployment rate in Happy Valley is 2.4%.


Population
22,553 people

County
Clackamas County

Renters

15.8% of Happy Valley households are renters.


Rent Burden

28.9% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Clackamas County 1
Oregon 2
National 2
Studio $1,313 $786 $737
1 bedroom $1,404 $891 $813
2 bedroom $1,620 $1,112 $1,015
3 bedroom $2,312 $1,569 $1,325
4 bedroom $2,802 $1,853 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Happy Valley Demographics


Median Individual Income
$50,790 / year

Median Household Income
$125,676 / year

Families w/ Dual Incomes
65%

Unemployment Rate
2.4%
Household Income Distribution
Happy Valley, OR

Median Age
39 years

Avg Family Size
3.35 people
Age Distribution
Happy Valley, OR

College Education or Above
55%

STEM College Graduates
49%
Education Distribution
Happy Valley, OR
Source: U.S. Census Bureau

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