Mililani Mauka is located in a good market for 5+ unit multifamily loans. Multifamily loans in Mililani Mauka are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in Mililani Mauka are competitive. Mililani Mauka 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 Mililani Mauka.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Mililani Mauka 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 | 6.13% - 6.37% |
| 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 Mililani Mauka.
The city of Mililani Mauka in Honolulu County has a population of 20,090. The median rent in Honolulu County for a 2 bedroom is $2,285. The median Mililani Mauka resident is 39 years old with a yearly income of $53,665. The average family has 3.37 members and a median household income of $114,886. Mililani Mauka has a 52% higher education rate. The unemployment rate in Mililani Mauka is 1.7%.
20.8% of Mililani Mauka households are renters.
31% median household income spent on rent.
Bedrooms |
Honolulu County 1 |
Hawaii 2 |
National 2 |
|---|---|---|---|
| Studio | $1,579 | $1,391 | $737 |
| 1 bedroom | $1,738 | $1,553 | $813 |
| 2 bedroom | $2,285 | $1,987 | $1,015 |
| 3 bedroom | $3,270 | $2,739 | $1,325 |
| 4 bedroom | $3,956 | $3,158 | $1,521 |
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