Loading...

Multifamily Loans in
Mililani Mauka, HI

Overview

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.

Get multifamily loan quotes for Dec 04, 2021


Multifamily Loan Rates in Mililani Mauka, HI

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 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 3.03% - 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 Mililani Mauka 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 Mililani Mauka, HI

All major multifamily lender types are lending in Mililani Mauka.


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


Mililani Mauka Market

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%.


Population
20,090 people

County
Honolulu County

Renters

20.8% of Mililani Mauka households are renters.


Rent Burden

31% median household income spent on rent.

Source: U.S. Census Bureau

Rents

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
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Mililani Mauka Demographics


Median Individual Income
$53,665 / year

Median Household Income
$114,886 / year

Families w/ Dual Incomes
69%

Unemployment Rate
1.7%
Household Income Distribution
Mililani Mauka, HI

Median Age
39 years

Avg Family Size
3.37 people
Age Distribution
Mililani Mauka, HI

College Education or Above
52%

STEM College Graduates
46%
Education Distribution
Mililani Mauka, HI
Source: U.S. Census Bureau

Ready To Get Quotes?

We're here to help.

(866) 484-8134

A SoftQuotes advisor is ready to help.

Get Quotes

Quotes within 1 business day