Haverstraw is located in a strong market for 5+ unit multifamily loans. Multifamily loans in Haverstraw are considered low risk due to market size and favorable regional economy. Interest rates for multifamily loans in Haverstraw are some of the lowest nationally. Haverstraw 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 Haverstraw.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Haverstraw are:
Fannie Mae® |
$1M to $6M |
|---|---|
| 5 Year Fixed | 6.74% - 7.48% |
| 7 Year Fixed | 6.70% - 7.21% |
| 10 Year Fixed | 6.71% - 7.11% |
Freddie Mac® |
$1M to $7.5M |
|---|---|
| 5 Year Fixed | 6.97% - 7.21% |
| 7 Year Fixed | 6.93% - 7.17% |
| 10 Year Fixed | 6.84% - 7.08% |
Fannie Mae® |
$6M to $100M |
|---|---|
| 5 Year Fixed | 6.54% - 7.28% |
| 7 Year Fixed | 6.50% - 7.01% |
| 10 Year Fixed | 6.51% - 6.91% |
Freddie Mac® |
$7.5M to $100M |
|---|---|
| 5 Year Fixed | 5.95% - 6.05% |
| 7 Year Fixed | 5.96% - 6.06% |
| 10 Year Fixed | 5.89% - 6.29% |
All major multifamily lender types are lending in Haverstraw.
The city of Haverstraw in Rockland County has a population of 37,114. The median rent in Rockland County for a 2 bedroom is $2,263. The median Haverstraw resident is 38 years old with a yearly income of $32,117. The average family has 3.56 members and a median household income of $73,306. Haverstraw has a 27% higher education rate. The unemployment rate in Haverstraw is 7.8%.
39.4% of Haverstraw households are renters.
37.3% median household income spent on rent.
Bedrooms |
Rockland County 1 |
New York 2 |
National 2 |
|---|---|---|---|
| Studio | $1,940 | $909 | $737 |
| 1 bedroom | $1,985 | $990 | $813 |
| 2 bedroom | $2,263 | $1,202 | $1,015 |
| 3 bedroom | $2,864 | $1,537 | $1,325 |
| 4 bedroom | $3,069 | $1,692 | $1,521 |
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