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Multifamily Loans in
Loveland, CO

Overview

Loveland is located in a what is considered a small market for 5+ unit multifamily loans. Multifamily loans in Loveland are considered moderate risk due to market dynamics. Interest rates for multifamily loans in Loveland are slightly higher than the national average. Loveland 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 Loveland.

Get multifamily loan quotes for Dec 04, 2021


Multifamily Loan Rates in Loveland, CO

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Loveland 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 $6M
5 Year Fixed 3.56% - 3.80%
7 Year Fixed 3.39% - 3.63%
10 Year Fixed 3.56% - 3.80%
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®
$6M to $100M
5 Year Fixed 3.08% - 3.33%
7 Year Fixed 3.24% - 3.69%
10 Year Fixed 3.30% - 3.70%
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 Loveland 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 Loveland, CO

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


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 Dec 04, 2021


Loveland Market

The city of Loveland in Larimer County has a population of 78,877. The median rent in Larimer County for a 2 bedroom is $1,464. The median Loveland resident is 40 years old with a yearly income of $34,621. The average family has 2.95 members and a median household income of $68,592. Loveland has a 37% higher education rate. The unemployment rate in Loveland is 4.3%.


Population
78,877 people

County
Larimer County

Renters

36.4% of Loveland households are renters.


Rent Burden

31.1% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Larimer County 1
Colorado 2
National 2
Studio $1,088 $873 $737
1 bedroom $1,187 $932 $813
2 bedroom $1,464 $1,168 $1,015
3 bedroom $2,095 $1,570 $1,325
4 bedroom $2,535 $1,825 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Loveland Demographics


Median Individual Income
$34,621 / year

Median Household Income
$68,592 / year

Families w/ Dual Incomes
54%

Unemployment Rate
4.3%
Household Income Distribution
Loveland, CO

Median Age
40 years

Avg Family Size
2.95 people
Age Distribution
Loveland, CO

College Education or Above
37%

STEM College Graduates
48%
Education Distribution
Loveland, CO
Source: U.S. Census Bureau

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