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Multifamily Loans in
Haverford, PA

Overview

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

Get multifamily loan quotes for Apr 18, 2024


Multifamily Loan Rates in Haverford, PA

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Haverford are:

Fannie Mae®
$1M to $6M
5 Year Fixed 6.71% - 7.45%
7 Year Fixed 6.66% - 7.17%
10 Year Fixed 6.64% - 7.04%
Freddie Mac®
$1M to $7.5M
5 Year Fixed 6.34% - 6.58%
7 Year Fixed 6.18% - 6.42%
10 Year Fixed 6.19% - 6.43%
Fannie Mae®
$6M to $100M
5 Year Fixed 6.51% - 7.25%
7 Year Fixed 6.46% - 6.97%
10 Year Fixed 6.44% - 6.84%
Freddie Mac®
$7.5M to $100M
5 Year Fixed 5.59% - 5.69%
7 Year Fixed 5.64% - 5.74%
10 Year Fixed 5.62% - 5.72%
Additional rate discounts for affordability and energy efficiency. Longer term fixed rates available. Rates updated on 04/17/2024. This is not an offer or commitment to lend. Multifamily loan rates in Haverford 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 Apr 18, 2024


Multifamily Lenders in Haverford, PA

All major multifamily lender types are lending in Haverford.


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 Apr 18, 2024


Haverford Market

The city of Haverford in Delaware County has a population of 49,283. The median rent in Delaware County for a 2 bedroom is $1,358. The median Haverford resident is 41 years old with a yearly income of $45,944. The average family has 3.21 members and a median household income of $111,287. Haverford has a 59% higher education rate. The unemployment rate in Haverford is 4.7%.


Population
49,283 people

County
Delaware County

Renters

14.7% of Haverford households are renters.


Rent Burden

28.5% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Delaware County 1
Pennsylvania 2
National 2
Studio $970 $680 $737
1 bedroom $1,121 $747 $813
2 bedroom $1,358 $929 $1,015
3 bedroom $1,689 $1,198 $1,325
4 bedroom $1,935 $1,330 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Haverford Demographics


Median Individual Income
$45,944 / year

Median Household Income
$111,287 / year

Families w/ Dual Incomes
67%

Unemployment Rate
4.7%
Household Income Distribution
Haverford, PA

Median Age
41 years

Avg Family Size
3.21 people
Age Distribution
Haverford, PA

College Education or Above
59%

STEM College Graduates
41%
Education Distribution
Haverford, PA
Source: U.S. Census Bureau

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