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Multifamily Loans in
Kuna, ID

Overview

Kuna is located in a what is considered a small market for 5+ unit multifamily loans. Multifamily loans in Kuna are considered moderate risk due to market dynamics. Interest rates for multifamily loans in Kuna are slightly higher than the national average. Kuna apartments may be eligible for non-recourse multifamily loans up to 75% for purchases and 70% for refinances. SoftQuotes' lenders will lend lend on 5+ unit multifamily properties in Kuna.

Get multifamily loan quotes for Apr 19, 2024


Multifamily Loan Rates in Kuna, ID

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Kuna 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 $6M
5 Year Fixed 6.53% - 6.77%
7 Year Fixed 6.24% - 6.48%
10 Year Fixed 6.33% - 6.57%
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®
$6M to $100M
5 Year Fixed 5.74% - 5.84%
7 Year Fixed 5.79% - 5.89%
10 Year Fixed 5.77% - 5.87%
Additional rate discounts for affordability and energy efficiency. Longer term fixed rates available. Rates updated on 04/18/2024. This is not an offer or commitment to lend. Multifamily loan rates in Kuna 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 19, 2024


Multifamily Lenders in Kuna, ID

Agency lenders along with regional banks and credit unions are most likely to lend on multifamily properties in Kuna.


Agency Lenders
(Fannie / Freddie / HUD)
  • Long term fixed rates
  • Moderate leverage
  • Tax returns not required
  • Non-recourse
  • Rate discounts for affordability

Banks &
Credit Unions

  • Intermediate term fixed rates
  • Moderate leverage
  • Tax returns usually required
  • Recourse

Get multifamily loan quotes for Apr 19, 2024


Kuna Market

The city of Kuna in Ada County has a population of 22,257. The median rent in Ada County for a 2 bedroom is $1,054. The median Kuna resident is 29 years old with a yearly income of $33,357. The average family has 3.57 members and a median household income of $68,017. Kuna has a 24% higher education rate. The unemployment rate in Kuna is 3.4%.


Population
22,257 people

County
Ada County

Renters

20.6% of Kuna households are renters.


Rent Burden

31.3% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Ada County 1
Idaho 2
National 2
Studio $718 $622 $737
1 bedroom $842 $673 $813
2 bedroom $1,054 $863 $1,015
3 bedroom $1,494 $1,204 $1,325
4 bedroom $1,732 $1,409 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Kuna Demographics


Median Individual Income
$33,357 / year

Median Household Income
$68,017 / year

Families w/ Dual Incomes
60%

Unemployment Rate
3.4%
Household Income Distribution
Kuna, ID

Median Age
29 years

Avg Family Size
3.57 people
Age Distribution
Kuna, ID

College Education or Above
24%

STEM College Graduates
45%
Education Distribution
Kuna, ID
Source: U.S. Census Bureau

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