Loading...

Multifamily Loans in
Hazel Dell, WA

Overview

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

Get multifamily loan quotes for Dec 05, 2021


Multifamily Loan Rates in Hazel Dell, WA

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Hazel Dell 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 12/04/2021. This is not an offer or commitment to lend. Multifamily loan rates in Hazel Dell 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 05, 2021


Multifamily Lenders in Hazel Dell, WA

All major multifamily lender types are lending in Hazel Dell.


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 05, 2021


Hazel Dell Market

The city of Hazel Dell in Clark County has a population of 21,196. The median rent in Clark County for a 2 bedroom is $1,620. The median Hazel Dell resident is 38 years old with a yearly income of $31,017. The average family has 3.1 members and a median household income of $61,520. Hazel Dell has a 26% higher education rate. The unemployment rate in Hazel Dell is 3.4%.


Population
21,196 people

County
Clark County

Renters

41.8% of Hazel Dell households are renters.


Rent Burden

32.1% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Clark County 1
Washington 2
National 2
Studio $1,313 $801 $737
1 bedroom $1,404 $904 $813
2 bedroom $1,620 $1,138 $1,015
3 bedroom $2,312 $1,591 $1,325
4 bedroom $2,802 $1,874 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Hazel Dell Demographics


Median Individual Income
$31,017 / year

Median Household Income
$61,520 / year

Families w/ Dual Incomes
55%

Unemployment Rate
3.4%
Household Income Distribution
Hazel Dell, WA

Median Age
38 years

Avg Family Size
3.1 people
Age Distribution
Hazel Dell, WA

College Education or Above
26%

STEM College Graduates
44%
Education Distribution
Hazel Dell, WA
Source: U.S. Census Bureau

Ready To Get Quotes?

We're here to help.

(866) 484-8134

A SoftQuotes advisor is ready to help.

Get Quotes

Quotes within 1 business day