Maryville is located in a good market for 5+ unit multifamily loans. Multifamily loans in Maryville are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in Maryville are competitive. Maryville 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 Maryville.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Maryville are:
Fannie Mae® |
$1M to $6M |
|---|---|
| 5 Year Fixed | 7.07% - 7.81% |
| 7 Year Fixed | 6.96% - 7.47% |
| 10 Year Fixed | 6.90% - 7.30% |
Freddie Mac® |
$1M to $7.5M |
|---|---|
| 5 Year Fixed | 6.99% - 7.23% |
| 7 Year Fixed | 6.73% - 6.97% |
| 10 Year Fixed | 6.69% - 6.93% |
Fannie Mae® |
$6M to $100M |
|---|---|
| 5 Year Fixed | 6.87% - 7.61% |
| 7 Year Fixed | 6.76% - 7.27% |
| 10 Year Fixed | 6.70% - 7.10% |
Freddie Mac® |
$7.5M to $100M |
|---|---|
| 5 Year Fixed | 6.10% - 6.20% |
| 7 Year Fixed | 6.11% - 6.21% |
| 10 Year Fixed | 6.04% - 6.34% |
All major multifamily lender types are lending in Maryville.
The city of Maryville in Blount County has a population of 29,742. The median rent in Blount County for a 2 bedroom is $961. The median Maryville resident is 39 years old with a yearly income of $30,069. The average family has 3.16 members and a median household income of $61,384. Maryville has a 35% higher education rate. The unemployment rate in Maryville is 4.2%.
31.5% of Maryville households are renters.
31.4% median household income spent on rent.
Bedrooms |
Blount County 1 |
Tennessee 2 |
National 2 |
|---|---|---|---|
| Studio | $669 | $618 | $737 |
| 1 bedroom | $782 | $657 | $813 |
| 2 bedroom | $961 | $813 | $1,015 |
| 3 bedroom | $1,267 | $1,073 | $1,325 |
| 4 bedroom | $1,524 | $1,248 | $1,521 |
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