Loading...

Multifamily Loans in
Kailua, HI

Overview

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

Get multifamily loan quotes for Dec 04, 2021


Multifamily Loan Rates in Kailua, HI

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Kailua 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 3.37% - 3.61%
7 Year Fixed 3.28% - 3.52%
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 Kailua 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 Kailua, HI

All major multifamily lender types are lending in Kailua.


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


Kailua Market

The city of Kailua in Honolulu County has a population of 37,586. The median rent in Honolulu County for a 2 bedroom is $2,285. The median Kailua resident is 42 years old with a yearly income of $43,836. The average family has 3.37 members and a median household income of $114,292. Kailua has a 50% higher education rate. The unemployment rate in Kailua is 3.8%.


Population
37,586 people

County
Honolulu County

Renters

28.1% of Kailua households are renters.


Rent Burden

35.1% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Honolulu County 1
Hawaii 2
National 2
Studio $1,579 $1,391 $737
1 bedroom $1,738 $1,553 $813
2 bedroom $2,285 $1,987 $1,015
3 bedroom $3,270 $2,739 $1,325
4 bedroom $3,956 $3,158 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Kailua Demographics


Median Individual Income
$43,836 / year

Median Household Income
$114,292 / year

Families w/ Dual Incomes
59%

Unemployment Rate
3.8%
Household Income Distribution
Kailua, HI

Median Age
42 years

Avg Family Size
3.37 people
Age Distribution
Kailua, HI

College Education or Above
50%

STEM College Graduates
53%
Education Distribution
Kailua, HI
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