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Multifamily Loans in
Levittown, PA

Overview

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

Get multifamily loan quotes for Dec 08, 2021


Multifamily Loan Rates in Levittown, PA

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Levittown 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 3.42% - 3.66%
7 Year Fixed 3.33% - 3.57%
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 3.16% - 3.41%
7 Year Fixed 3.33% - 3.78%
10 Year Fixed 3.28% - 3.68%
Additional rate discounts for affordability and energy efficiency. Longer term fixed rates available. Rates updated on 12/07/2021. This is not an offer or commitment to lend. Multifamily loan rates in Levittown 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 08, 2021


Multifamily Lenders in Levittown, PA

All major multifamily lender types are lending in Levittown.


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 08, 2021


Levittown Market

The city of Levittown in Bucks County has a population of 51,818. The median rent in Bucks County for a 2 bedroom is $1,358. The median Levittown resident is 40 years old with a yearly income of $35,771. The average family has 3.29 members and a median household income of $81,107. Levittown has a 22% higher education rate. The unemployment rate in Levittown is 5.7%.


Population
51,818 people

County
Bucks County

Renters

16.8% of Levittown households are renters.


Rent Burden

45.3% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Bucks County 1
Pennsylvania 2
National 2
Studio $970 $680 $737
1 bedroom $1,121 $747 $813
2 bedroom $1,358 $929 $1,015
3 bedroom $1,689 $1,198 $1,325
4 bedroom $1,935 $1,330 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Levittown Demographics


Median Individual Income
$35,771 / year

Median Household Income
$81,107 / year

Families w/ Dual Incomes
67%

Unemployment Rate
5.7%
Household Income Distribution
Levittown, PA

Median Age
40 years

Avg Family Size
3.29 people
Age Distribution
Levittown, PA

College Education or Above
22%

STEM College Graduates
39%
Education Distribution
Levittown, PA
Source: U.S. Census Bureau

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