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Multifamily Loans in
North Bethesda, MD

Overview

North Bethesda is located in a strong market for 5+ unit multifamily loans. Multifamily loans in North Bethesda are considered low risk due to market size and favorable regional economy. Interest rates for multifamily loans in North Bethesda are some of the lowest nationally. North Bethesda 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 North Bethesda.

Get multifamily loan quotes for Dec 05, 2021


Multifamily Loan Rates in North Bethesda, MD

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in North Bethesda 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 3.04% - 3.28%
7 Year Fixed 3.23% - 3.47%
10 Year Fixed 3.43% - 3.67%
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 2.98% - 3.23%
7 Year Fixed 3.14% - 3.59%
10 Year Fixed 3.20% - 3.60%
Additional rate discounts for affordability and energy efficiency. Longer term fixed rates available. Rates updated on 12/04/2021. This is not an offer or commitment to lend. Multifamily loan rates in North Bethesda 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 05, 2021


Multifamily Lenders in North Bethesda, MD

All major multifamily lender types are lending in North Bethesda.


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 05, 2021


North Bethesda Market

The city of North Bethesda in Montgomery County has a population of 49,872. The median rent in Montgomery County for a 2 bedroom is $1,917. The median North Bethesda resident is 40 years old with a yearly income of $62,859. The average family has 3.05 members and a median household income of $107,220. North Bethesda has a 71% higher education rate. The unemployment rate in North Bethesda is 3.2%.


Population
49,872 people

County
Montgomery County

Renters

48.1% of North Bethesda households are renters.


Rent Burden

26.2% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Montgomery County 1
Maryland 2
National 2
Studio $1,643 $1,013 $737
1 bedroom $1,682 $1,126 $813
2 bedroom $1,917 $1,365 $1,015
3 bedroom $2,457 $1,803 $1,325
4 bedroom $2,978 $2,127 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

North Bethesda Demographics


Median Individual Income
$62,859 / year

Median Household Income
$107,220 / year

Families w/ Dual Incomes
58%

Unemployment Rate
3.2%
Household Income Distribution
North Bethesda, MD

Median Age
40 years

Avg Family Size
3.05 people
Age Distribution
North Bethesda, MD

College Education or Above
71%

STEM College Graduates
57%
Education Distribution
North Bethesda, MD
Source: U.S. Census Bureau

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