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Multifamily Loans in
Maryland Heights, MO

Overview

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

Get multifamily loan quotes for Dec 04, 2021


Multifamily Loan Rates in Maryland Heights, MO

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Maryland Heights 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 3.25% - 3.49%
10 Year Fixed 3.47% - 3.71%
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 3.03% - 3.28%
7 Year Fixed 3.19% - 3.64%
10 Year Fixed 3.25% - 3.65%
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 Maryland Heights 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 Maryland Heights, MO

All major multifamily lender types are lending in Maryland Heights.


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 04, 2021


Maryland Heights Market

The city of Maryland Heights in St. Louis County has a population of 26,956. The median rent in St. Louis County for a 2 bedroom is $1,005. The median Maryland Heights resident is 37 years old with a yearly income of $36,862. The average family has 2.86 members and a median household income of $66,686. Maryland Heights has a 46% higher education rate. The unemployment rate in Maryland Heights is 4.1%.


Population
26,956 people

County
St. Louis County

Renters

44% of Maryland Heights households are renters.


Rent Burden

19.8% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
St. Louis County 1
Missouri 2
National 2
Studio $719 $535 $737
1 bedroom $783 $594 $813
2 bedroom $1,005 $761 $1,015
3 bedroom $1,311 $1,010 $1,325
4 bedroom $1,543 $1,155 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Maryland Heights Demographics


Median Individual Income
$36,862 / year

Median Household Income
$66,686 / year

Families w/ Dual Incomes
55%

Unemployment Rate
4.1%
Household Income Distribution
Maryland Heights, MO

Median Age
37 years

Avg Family Size
2.86 people
Age Distribution
Maryland Heights, MO

College Education or Above
46%

STEM College Graduates
54%
Education Distribution
Maryland Heights, MO
Source: U.S. Census Bureau

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