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Multifamily Loans in
Marana, AZ

Overview

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

Get multifamily loan quotes for Dec 02, 2021


Multifamily Loan Rates in Marana, AZ

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Marana 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 3.37% - 3.61%
7 Year Fixed 3.28% - 3.52%
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 3.05% - 3.30%
7 Year Fixed 3.25% - 3.70%
10 Year Fixed 3.25% - 3.65%
Additional rate discounts for affordability and energy efficiency. Longer term fixed rates available. Rates updated on 12/01/2021. This is not an offer or commitment to lend. Multifamily loan rates in Marana 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 02, 2021


Multifamily Lenders in Marana, AZ

All major multifamily lender types are lending in Marana.


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 02, 2021


Marana Market

The city of Marana in Pima County has a population of 49,030. The median rent in Pima County for a 2 bedroom is $1,016. The median Marana resident is 39 years old with a yearly income of $39,408. The average family has 3.04 members and a median household income of $85,812. Marana has a 45% higher education rate. The unemployment rate in Marana is 4.3%.


Population
49,030 people

County
Pima County

Renters

20.6% of Marana households are renters.


Rent Burden

25.3% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Pima County 1
Arizona 2
National 2
Studio $670 $747 $737
1 bedroom $771 $822 $813
2 bedroom $1,016 $1,038 $1,015
3 bedroom $1,454 $1,433 $1,325
4 bedroom $1,724 $1,597 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Marana Demographics


Median Individual Income
$39,408 / year

Median Household Income
$85,812 / year

Families w/ Dual Incomes
47%

Unemployment Rate
4.3%
Household Income Distribution
Marana, AZ

Median Age
39 years

Avg Family Size
3.04 people
Age Distribution
Marana, AZ

College Education or Above
45%

STEM College Graduates
43%
Education Distribution
Marana, AZ
Source: U.S. Census Bureau

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