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.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Kailua 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 | 6.39% - 6.63% |
| 7 Year Fixed | 6.13% - 6.37% |
| 10 Year Fixed | 6.24% - 6.48% |
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% |
All major multifamily lender types are lending in Kailua.
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%.
28.1% of Kailua households are renters.
35.1% median household income spent on rent.
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 |
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