Marysville is located in a good market for 5+ unit multifamily loans. Multifamily loans in Marysville are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in Marysville are competitive. Marysville 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 Marysville.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Marysville 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 $7.5M |
|---|---|
| 5 Year Fixed | 6.39% - 6.63% |
| 7 Year Fixed | 6.20% - 6.44% |
| 10 Year Fixed | 6.24% - 6.48% |
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® |
$7.5M to $100M |
|---|---|
| 5 Year Fixed | 5.59% - 5.69% |
| 7 Year Fixed | 5.64% - 5.74% |
| 10 Year Fixed | 5.62% - 5.72% |
All major multifamily lender types are lending in Marysville.
The city of Marysville in Union County has a population of 24,667. The median rent in Union County for a 2 bedroom is $1,154. The median Marysville resident is 35 years old with a yearly income of $36,893. The average family has 2.95 members and a median household income of $75,116. Marysville has a 32% higher education rate. The unemployment rate in Marysville is 1.3%.
36% of Marysville households are renters.
21.8% median household income spent on rent.
Bedrooms |
Union County 1 |
Ohio 2 |
National 2 |
|---|---|---|---|
| Studio | $803 | $597 | $737 |
| 1 bedroom | $876 | $662 | $813 |
| 2 bedroom | $1,154 | $834 | $1,015 |
| 3 bedroom | $1,435 | $1,084 | $1,325 |
| 4 bedroom | $1,657 | $1,205 | $1,521 |
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