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Multifamily Loans in
Kapolei, HI

Overview

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

Get multifamily loan quotes for Apr 26, 2024


Multifamily Loan Rates in Kapolei, HI

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

Fannie Mae®
$1M to $6M
5 Year Fixed 7.07% - 7.81%
7 Year Fixed 6.96% - 7.47%
10 Year Fixed 6.90% - 7.30%
Freddie Mac®
$1M to $7.5M
5 Year Fixed 7.04% - 7.28%
7 Year Fixed 6.63% - 6.87%
10 Year Fixed 6.69% - 6.93%
Fannie Mae®
$6M to $100M
5 Year Fixed 6.87% - 7.61%
7 Year Fixed 6.76% - 7.27%
10 Year Fixed 6.70% - 7.10%
Freddie Mac®
$7.5M to $100M
5 Year Fixed 6.10% - 6.20%
7 Year Fixed 6.11% - 6.21%
10 Year Fixed 6.04% - 6.34%
Additional rate discounts for affordability and energy efficiency. Longer term fixed rates available. Rates updated on 04/25/2024. This is not an offer or commitment to lend. Multifamily loan rates in Kapolei 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 26, 2024


Multifamily Lenders in Kapolei, HI

All major multifamily lender types are lending in Kapolei.


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 26, 2024


Kapolei Market

The city of Kapolei in Honolulu County has a population of 21,674. The median rent in Honolulu County for a 2 bedroom is $2,285. The median Kapolei resident is 32 years old with a yearly income of $42,421. The average family has 4.1 members and a median household income of $103,547. Kapolei has a 34% higher education rate. The unemployment rate in Kapolei is 4.7%.


Population
21,674 people

County
Honolulu County

Renters

29.7% of Kapolei households are renters.


Rent Burden

29.6% 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

Kapolei Demographics


Median Individual Income
$42,421 / year

Median Household Income
$103,547 / year

Families w/ Dual Incomes
74%

Unemployment Rate
4.7%
Household Income Distribution
Kapolei, HI

Median Age
32 years

Avg Family Size
4.1 people
Age Distribution
Kapolei, HI

College Education or Above
34%

STEM College Graduates
50%
Education Distribution
Kapolei, HI
Source: U.S. Census Bureau

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